ECONOMY

Bourse posts moderate losses

The benchmark index of the Greek bourse failed on Wdnesday to reverse the southbound course set by the new year?s first two sessions, although banks suffered considerably smaller losses than on Monday and Tuesday.

The Athens Exchange (ATHEX) general index ended the day at 662.29 points, dropping by 0.50 percent from Tuesday?s closing figure of 665.63 points.

The blue chip FTSE/ATHEX 20 index slipped 0.24 percent to close at 253.89 points.

Titan cement outperformed among the blue chips with gains of 3.21 percent, followed by Duty Free Shops (up 1.71 percent). Marfin Popular Bank went down 5.24 percent.

In total, 61 stocks registered gains, 80 posted losses and 26 remained unchanged. Turnover came to 19.4 million euros, marginally higher than Tuesday?s 18.9 million.

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