ECONOMY

Bourse stays southbound at end-July

Greek stocks headed south for a fifth session in a row on Friday, meaning the bourse?s main index ended with gains at the end of just four sessions this month. Once again turnover was disappointing.

The Athens Exchange (ATHEX) general index ended at 1,204.15 points, shedding 0.45 percent from Thursday?s closing figure of 1,209.55 points. The blue chip FTSE/ATHEX 20 index dropped 0.52 percent to end at 526.11 points, although the small-cap FTSE/ATHEX 80 index inched up 0.85 percent.

The weekly losses of the main index amounted to 6.38 percent and those of the banks index to a considerable 13.75 percent.

OPAP outperformed with gains of 3.49 percent, while Marfin Investment Group fell 6.25 percent.

In total, 57 stocks moved up, 66 went down and 40 remained unchanged.

Turnover came to just 50.2 million euros.