Bailout worries put fresh pressure on bourse
A sixth consecutive day of losses on the Greek bourse on Wednesday led the main index below 900 points on worries about the second bailout for Greece, bucking the trend of stock growth set by most European markets.
The Athens Exchange (ATHEX) general index ended at 892.96 points, contracting by 1.99 percent from Tuesday?s closing figure of 911.07 points. The blue chip FTSE/ATHEX 20 index dropped by 2.03 percent to end at 376.54 points.
Duty Free Shops outperformed blue chips with gains of 5.74 percent, while Hellenic Postbank continued its slide with losses of 9.70 percent. Alpha Bank lost 7.17 percent.
In total, 31 stocks moved up, 105 went down and 44 remained unchanged. Turnover came to 64.1 million euros, up from 61.3 million euros on Tuesday.
