ECONOMY

Stock market turnover drops to level unseen since 1996

The lack of interest in Greek stocks Tuesday showed in the 17.5-year low turnover. The Athens Exchange (ATHEX) benchmark index fell 0.23 percent, closing at 621.26 points, with the blue chip FTSE/ATHEX 20 index shedding 0.43 percent to close at 223.26 points.

Few blue chips attracted buying interest. Coca-Cola HBC proved the strongest, adding 1.04 percent to 14.62 euros. By contrast, gaming monopoly OPAP declined 0.57 percent to 5.24 euros. OTE telecom shed some of the impressive gains posted after last week?s good second-quarter results, declining 1.32 percent to 2.25 euros, which is technically considered a good level. Banks seemed to be out of the picture, with National and Alpha both falling 0.79 percent to 1.25 euros.

Turnover came to 9.4 million euros, the lowest since December 16, 1996.