ECONOMY

ATHEX: 2015 ends with losses of 23.6 pct

athex-2015-ends-with-losses-of-23-6-pct

The Greek stock market will begin trading in the new year on Monday with its benchmark at 631.35 points, after recording significant gains on satisfactory turnover in the short session of Thursday. On a yearly basis, the turbulent 2015 closed with major losses of 23.58 percent in the bourse, mainly due to the crumbling of the banking stocks.

The Athens Exchange (ATHEX) general index expanded 3.34 percent from Wednesday’s 610.97 points. The large-cap FTSE 25 index increased 3.46 percent to end at 183.34 points.

OPAP outperformed on Thursday enjoying a rise of 15.71 percent, followed by Public Power Corporation (up 7.18 percent), Viohalco (5.96 percent), Jumbo (5.43 percent) and Piraeus Port Authority (5.15 percent).

Among the few blue chips to head south were Grivalia Properties (down 1.34 percent) and Aegean Airlines (1.30 percent).

In total 68 stocks recorded gains, 31 posted losses and 15 remained unchanged.

Turnover amounted to 66.8 million euros.