ECONOMY

Bourse benchmark and turnover head south

Stocks in Athens reverted to their declining course on Wednesday after a brief respite on Tuesday, as uncertainty remains over the state’s ability to fulfill its obligations to creditors. Turnover also continued to drop.

The Athens Exchange (ATHEX) general index closed at 849.16 points, shedding 1.40 percent from Tuesday’s 861.24 points. The large-cap FTSE/ATHEX 25 index fell 1.38 percent to end at 249.33 points.

Piraeus Bank reached a new all-time low of 0.475 euros, sliding 6.86 percent. Only Eurobank fared worse, shedding 8.40 percent. The OPAP gaming company advanced 2.72 percent.

In total 44 stocks rose, 72 declined and 15 stayed put.

Turnover amounted to 68.9 million euros, down from Tuesday’s 69.5 million.