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)