Bourse declines for second day in succession

The honeymoon is over at the Greek bourse, as the satisfaction from the country’s deal with the eurozone appeared short-lived, with stocks falling for a second day on Thursday on news that the state is increasingly cash-starved and left-wing deputies are disputing the government’s policy.

The Athens Exchange (ATHEX) general index closed at 904.59 points, shedding 2 percent from Wednesday’s 923.03 points. The large-cap FTSE/ATHEX 25 index contracted 1.97 percent to end at 267.64 points.

Marfin Investment Group fell 5.78 percent, METKA gave up 5.19 percent and OPAP lost 5.05 percent. Motor Oil added 1.04 percent.

In total 49 stocks went up, 98 dropped and 20 stayed put.

Turnover amounted to 113.7 million euros, down from Wednesday’s 159.8 million.