ATHEX: Week ends with losses of 3.21 pct
The seemingly endless impasse in the talks between Athens and its creditors as cash reserves dwindle by the day inflicted fresh losses on the local stock market on Friday.
The Athens Exchange (ATHEX) general index closed at 811.98 points, shedding 2.57 percent from Thursday’s 833.42 points. On a weekly basis it gave up 3.21 percent.
The large-cap FTSE/ATHEX 25 index contracted 2.64 percent to close at 243.42 points.
In total 31 stocks moved up, 76 headed south and 11 stayed put.
Turnover came to 70.2 million euros, down from Thursday’s 74.4 million.