ATHEX: Greek stocks keep sliding
Despite early suggestions of a stock rebound, the Greek bourse eventually ended with significant losses on Monday, on extremely low trading volume, as an agreement between Greece and its creditors remained elusive. A technical glitch in the first few minutes of the session did not help proceedings either.
The Athens Exchange (ATHEX) general index closed at 764.63 points, shedding 2.73 percent from Friday’s 786.11 points. The large-cap FTSE/ATHEX 25 index contracted 2.67 percent to close at 229.13 points.
Piraeus Bank was the worst off among the 25 blue chips, as it surrendered 7.33 percent of its value, followed by METKA (down 6.35 percent), Hellenic Exchanges (6.05 percent) and Jumbo (5.91 percent).
The EYDAP water company (up 1.05 percent) and Aegean Airlines (0.59 percent) were the only blue chips to grow.
In total 37 stocks recorded gains, 72 registered losses and 19 remained unchanged.
Turnover amounted to just 46.5 million euros, down from last Friday’s 109.4 million.
