ECONOMY

Bourse?s benchmark index continues to bleed

Losses on the part of certain key blue chips including OPAP and Coca-Cola HBC sent the main index of the Greek bourse lower for the 11th session in a row on Monday, partly due to the bearish mood on international markets.

The Athens Exchange (ATHEX) general index ended at 1,171.70 points, losing 0.44 percent from last Friday?s close at 1,176.88 points. The blue chip FTSE/ATHEX 20 index declined by 0.26 percent to end at 508.19 points.

Marfin Investment Bank (up 4 percent) and Bank of Cyprus (3.97 percent) outperformed among blue chips, while Eurobank EFG (down 4.07 percent) and Piraeus Bank (3.45 percent) posted the biggest losses.

In total, 51 stocks moved up, 84 went down and 57 remained unchanged. Sanyo Hellas posted the highest gains, adding 12.50 percent, while Koumbas Holdings was the worst off with an 11.11 percent drop.

Turnover came to 62.6 million euros on Monday, up from 61 million on Friday.