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OTE, National weigh on main bourse index

The drops sustained by National Bank and OTE telecom stocks determined the course of Thursday’s bourse session, which started with gains and ended with losses for the main index.

The Athens Exchange (ATHEX) general index closed at 1,224.69 points, giving up 0.53 percent from Wednesday’s 1,231.25 points. The large-cap FTSE/ATHEX 25 contracted 0.51 percent to 393.56 points, while mid-caps added 0.31 percent.

Eurobank lost 4.69 percent ahead of the introduction of its new shares on Friday. National declined 5.15 percent and OTE fell 5.45 percent. Eurobank Properties outperformed, rising 3.80 percent.

In total, 49 stocks were gainers, 76 losers and 26 non-movers.

Turnover amounted to 117.2 million euros, down from Wednesday’s 124.5 million.

ekathimerini.com , Thursday May 8, 2014 (20:26)  
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