ATHEX: Stocks suffered a further decline

TAGS: Stocks

The Greek bourse lost significant ground on Thursday, in line with most other European markets affected by the tightening of measures against the coronavirus. The fact that the Greek-Turkish standoff is showing no signs of easing didn’t help investor sentiment either.

The Athens Exchange (ATHEX) general index ended at 619.26 points, shedding 2.14% from Wednesday’s 632.81 points. The large-cap FTSE 25 index contracted 2.31% to close at 1,462.73 points.

The banks index declined 3.18%, as Eurobank slumped 4.78%, Alpha gave up 2.76%, National fell 2.53% and Piraeus eased 1.08%.

Ellaktor sank 5.50%, Motor Oil decreased 4.44%, Mytilineos surrendered 3.58%, Public Power Corporation parted with 3.54%, Aegean Air shrank 3.31%, GEK Terna conceded 3.12%, Fourlis Holdings dropped 2.83%, Hellenic Petroleum lost 2.66% and Viohalco was down 2.47%.

In total 17 stocks rose, 75 fell and 21 remained unchanged.

Turnover amounted to €51.4 million, up from Wednesday’s €32.6 million.

In Nicosia, the general index of the Cyprus Stock Exchange slipped 0.48% to 43.55 points.