ECONOMY

Bourse index falls to lowest point in 2013

The local bourse posted further losses on the week’s first day of trade, one of very low turnover, on worries generated by repeated inconclusive meetings between the Greek government and representatives of the country’s international creditors.

The Athens Exchange (ATHEX) general index closed at 929.69 points, shedding 2.38 percent from Friday’s 952.34 points, reaching the lowest point seen this year. The large-cap FTSE/ATHEX-25 index contracted by 2.19 percent, ending at 306.27 points.

Marfin Investment Group was the worst off among the blue chips, giving up 6.99 percent, Ellaktor contracted by 6.90 percent and Viohalco declined 6.68 percent.

Two banks bucked the trend and headed north, as National gained 3.25 percent and Alpha grew 0.69 percent.

Folli Follie Group, listed as Duty Free Shops, enjoyed a 2.69 percent rise on its inclusion in the FTSE Developed Europe Small-Caps Index as of next week.

In total 46 stocks registered gains, 107 sustained losses and 16 remained unchanged.

Turnover amounted to 42.1 million euros, the lowest of the last 20 sessions, compared with last Friday’s 56.4 million euros.