BUSINESS

Bourse benchmark slides over 9 pct in a week

Perpetual warnings about an “accident” and threats of a Greek referendum continued to aggravate the mood in the local economy on Friday, as reflected in the Athens stock market, which lost over 3 percent.

The Athens Exchange (ATHEX) general index closed at 770.14 points, shedding 3.01 percent from Thursday’s 794.07 points. On a weekly basis it gave up 9.42 percent, while banks lost over 18 percent.

The large-cap FTSE/ATHEX 25 index contracted 2.95 percent on Friday to end at 227.02 points.

Ellaktor conceded 10.55 percent and Piraeus Bank lost 8.97 percent, but EYDAP added 0.88 percent.

In total 40 stocks climbed, 81 dropped and 18 stayed put.

Turnover amounted to 70.3 million euros, against Thursday’s 69.5 million.

Online