ECONOMY

National Bank and MIG slump

The Athens Exchange benchmark index fell yesterday for the first time in four trading days, losing 23.43 points, or 0.6 percent, to 4,153.08. The FTSE/ATHEX 20 index of the country’s biggest companies lost 0.6 percent to 2,214.67 points. National Bank lost 3 percent to -35.14, breaking a four-day streak of gains in which the shares advanced 16 percent. The bank will raise $625 million selling 25 million preference shares at $25 apiece, according to a bourse filing on May 30. Buyout firm Marfin Investment Group slumped 7 percent and Coca-Cola HBC also shed 3 percent. Ferry operator Minoan Lines fell 1.7 percent to -4.66, the biggest fall since May 22, after reporting a tripling of first-quarter losses to -11.3 million. By contrast, Viohalco climbed 3.7 percent and Alpha Bank advanced 3.5 percent. Turnover totaled -263.2 million. (Bloomberg, Kathimerini)