Stock market ends week with 2 pct dip

Stock market ends week with 2 pct dip

Negative sentiment in European markets and investors locking in short-term gains led the Greek stock market to drop for a third successive week on Friday.

The week’s final trading session was decisive for the negative trend.

The Athens Stock Exchange general index dropped 2.01% to 1,286.86 points on turnover of €103.7 million. Blue chips declined 2.07%, mid-caps 2% and banks 2.84%

Overall this week, the general index dipped 2.47% and banks 4.14%.

Motor Oil was the only blue chip that gained Friday (0.09%), while National Bank, Ellaktor and Terna Energy dropped over 4% and Viohalco, PPC, Titan and Cenergy lost over 3%.

Analysts say investors should expect a difficult fourth quarter due to global developments. 

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.