Index stays put amid mixed company news
Stocks showed little movement yesterday for one more session as the market continues to reel from the impact of the forest fires and analysts assess company news on the year’s first half. The Athens Exchange (ATHEX) general index declined by 0.04 percent to reach 4,812.61 points yesterday from 4,814.68 points on Tuesday. Yet in mid-session it slipped as low as 4,760.49 points, a 1.13 percent decline. The FTSE/ATHEX 20 blue chip index shrunk by 0.07 percent to 2,567.10 points. However, the FTSE/ATHEX Mid-40 gained 0.30 percent and the FTSE/ATHEX 80 small-cap index rose by 0.02 percent. The FTSE/ATHEX International dropped 0.01 percent to close at 6,872.64 points. Motor Oil had the greatest gains among blue chips with a 2.06 percent rise, followed by OPAP (up 1.77 percent), Piraeus Bank (1.27 percent), Cosmote (1.16 percent) and ATEbank (1.10 percent). Coca-Cola HBC (down 3.06 percent) and OTE (1.68 percent) led losers. Sectoral indices were split between those going northward and southward, with the biggest gains coming for travel and entertainment (up 1.34 percent) and the greatest losses for food and drink (down 2.41 percent). Turnover reached -351.37 million, of which -31.96 million involved block trades.