ECONOMY

Thin trade on bourse as investors play waiting game

Investors inflicted fresh losses on the bourse?s main index at the end of the week, although rising stocks outnumbered their southbound peers. The thin trade suggests the market will not move before any tangible signs of the new government?s policy.

The Athens Exchange (ATHEX) general index ended at 755.65 points, dropping by 0.86 percent from Thursday?s level of 762.23 points. The blue chip FTSE/ATHEX 20 index lost 0.31 percent, ending at 296.31 points.

Hellenic Postbank outperformed with gains of 14.07 percent, followed by Marfin Investment Group (up 13.07 percent). Eurobank EFG led the losers, shedding 4.58 percent, while Titan cement fell 3.67 percent.

In total, 73 stocks went up, 70 went down and 24 remained unchanged.

Turnover amounted to just 35.9 million euros, down from Thursday?s 65 million.