Early gains evaporate in disappointed bourse

Early expectations of an important statement after the meeting of the government coalition partners gave way to disappointment over the course of Thursday?s session at the local bourse, while reports of a fresh delay in the announcement of the winning suitor for Emporiki Bank contributed to the reversal of early gains.

The Athens Exchange (ATHEX) general index ended at 742.44 points, dropping 1.68 percent from Wednesday?s 755.09 points, although at one point it hit the 765-point mark. The blue chip FTSE/ATHEX 20 index fell 1.61 percent, to close at 268.91 points.

Most blue chips went down, led by Ellaktor (down 6.99 percent) and Mytilineos (5.52 percent).

In total, 51 stocks secured gains, 79 registered losses and 29 remained unchanged.

Turnover came to just 39.5 million euros, down from Wednesday?s 44.6 million.

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