ECONOMY

Bourse index continues its decline in climate of gloom

With the outcome of the elections in three weeks? time looking ever more uncertain, investors were keen to let go of their positions in Athens on Thursday, while there was little buying interest, resulting in the main index sinking to new 22-year lows.

The Athens Exchange (ATHEX) general index ended the day at 502.52 points, contracting by 4.53 percent from Wednesday?s closing figure of 526.39 points. The blue chip FTSE/ATHEX 20 index shrank by 5.29 percent to close at 185.12 points.

All blue chips suffered losses, led by Hellenic Petroleum (down 10.52 percent), Cyprus Popular Bank (10.31 percent) and Motor Oil (10.12 percent).

In total, 35 stocks recorded gains, 97 posted losses and 27 remained unchanged.

Turnover amounted to 36.7 million euros, against Wednesday?s 30.5 million.