ATHEX: Worries send stocks lower

ATHEX: Worries send stocks lower

Mounting concerns about tourism across Europe took a toll on the Greek stock market, which suffered a second day of significant losses on Thursday without daily turnover even reaching the 50-million-euro mark.

The Athens Exchange (ATHEX) general index ended at 650.60 points, shedding 2.17% from Wednesday’s 665.01 points. The large-cap FTSE 25 index contracted 2.51% to 1,569.23 points.

The banks index dropped 2.33%, with Piraeus decreasing 2.70%, Alpha shrinking 2.69%, Eurobank losing 2.10% and National easing 1.96%.

Aegean Air sank 4.71%, OTE telecom parted with 4.35%, OPAP gave up 3.87% and Sarantis conceded 3.85%, as Motor Oil and Coca-Cola HBC each fell 3.31% and Ellaktor improved 2.80%.

In total 26 stocks posted gains, 61 took losses and 24 remained unchanged.

Turnover amounted to €48.8 million, down from Wednesday’s €49.4 million.

In Nicosia, the general index of the Cyprus Stock Exchange declined 1.03% to close at 48.83 points.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.