ECONOMY

Record-low turnover on bourse

Investors stayed away from the Greek bourse at the start of the new year, as the first session for 2012 on Monday ended with record-low turnover and losses for most stocks.

The Athens Exchange (ATHEX) general index was at 673.71 points at the close of trade, dropping by 0.99 percent from Friday?s figure of 680.42 points. The blue chip FTSE/ATHEX 20 index contracted by 1.44 percent to close at 261.10 points.

Eurobank EFG led the blue chip losers, shedding 7.12 percent, while Coca-Cola HBC started the year with gains of 1.90 percent.

In total, 47 stocks registered gains, 72 posted losses and 28 remained unchanged.

Turnover amounted to just 11.3 million euros, which was also affected by the bank holiday in Britain.