ATHEX: Stock index slides on thin trade

ATHEX: Stock index slides on thin trade

The Greek stock market suddenly switched back on Thursday to a subdued profile, with turnover below the 50-million-euro mark and the benchmark yielding ground with banks leading the decline. Just a handful of blue chips, such as Coca-Cola HBC and Lamda Development, contained the drop somewhat.

The Athens Exchange (ATHEX) general index closed at 863.78 points, shedding 0.84% from Wednesday’s 871.07 points. The large-cap FTSE 25 index contracted 1.08% to end up at 2,076.13 points, though mid-caps expanded 0.09%.

The banks index slumped 2.32%, with National falling 2.78%, Alpha shrinking 2.45%, Eurobank dropping 2.11% and Piraeus giving up 1.71%. OPAP eased 2.85%, Motor Oil parted with 1.89% and Hellenic Petroleum sank 1.56%, just as Sarantis climbed 1.85%, Lamda earned 1.47% and CCHBC grew 1.14%.

In total 32 stocks reported gains, 68 registered losses and 25 remained unchanged.

Turnover was the lowest of the last six sessions, amounting to €46 million, down from Wednesday’s €114.6 million.

In Nicosia, the general index of the Cyprus Stock Exchange increased 0.12% to close at 65.08 points.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.