ECONOMY

Bourse records more losses on climate figures

The Greek bourse’s benchmark index slipped 0.84 percent for the second day in succession on Wednesday, losing its grip on the 1,000-point mark despite the fact that most banking blue chips headed north.

The Athens Exchange (ATHEX) general index closed at 996.82 points, down from Tuesday’s 1,005.28 points. The large-cap FTSE/ATHEX-25 index shrank by 0.68 percent, ending at 336.08 points.

European Commission’s figures released on Wednesday showed that Greek economic sentiment has deteriorated, with the index dropping from 86.9 points in December to 85.8 points this month, which cast a shadow over trade on the local stock market.

Energy blue chips suffered the worst losses, with Public Power Corporation giving up 3.96 percent, Mytilineos shedding 3.55 percent and TERNA Energy losing 3.08 percent. Viohalco also declined by 3.50 percent.

OPAP outperformed, growing by 1.56 percent, while Eurobank added 1.43 percent.

In total 62 stocks went up, 99 posted losses and 23 remained unchanged.

Turnover amounted to just 49.8 million euros, down from Tuesday’s 116.5 million.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.