ECONOMY

Jumbo, National Bank lead bourse decline

Statements by the German and Dutch finance ministers regarding the prospects of Greece and its partners reaching a deal dashed expectations at the Athens bourse on Wednesday and sent the benchmark down over 4 percent. A government statement on the freezing of the port privatization tenders did not help either.

The Athens Exchange (ATHEX) general index closed at 793.09 points, shedding 4.02 percent from Tuesday’s 826.31 points. The large-cap FTSE/ATHEX 25 index shrank 3.93 percent to end at 235.13 points.

Jumbo fell 11.19 percent and National Bank lost 9.09 percent, while Eurobank bucked the trend, adding 2.05 percent.

In total 29 stocks went up, 82 declined and 13 stayed put.

Turnover amounted to 82.6 million euros, against Tuesday’s 142.1 million.