ECONOMY

Gains for mid- and small-caps fail to raise index

The majority of stocks posted gains in Tuesday?s bourse session, but losses sustained by a number of blue chips forced the benchmark index to end up in the red.

The Athens Exchange (ATHEX) general index ended the day at 709.20 points, declining by 0.62 percent from Monday?s closing level of 713.66 points. The blue chip FTSE/ATHEX 20 index lost 0.67 percent to close at 271.48 points. Mid-caps added 0.91 percent and small-caps 1.55 percent.

OTE telecom outperformed, gaining 3.28 percent, while Coca-Cola HBC shed 3.41 percent.

In total, 74 stocks registered gains, 67 posted losses and 16 remained unchanged.

Turnover fared even worse than Monday?s 32 million euros, failing to top 28.5 million on Tuesday.