ECONOMY

Blue chips lead tumbling stocks

Gloom reigned for another day on the Greek bourse yesterday, forcing its main index to below the 2,000-point level. No more than 15 stocks managed to post gains. The Athens Exchange (ATHEX) general index closed at 1,914.37 points (a level unseen since June 2003), declining by 5.51 percent. The blue chip FTSE/ATHEX 20 index decreased by 6.11 percent to end at 1,016.42 points. All but one blue chip headed southward. Worst off were the stocks of National Bank (down 12.59 percent), Marfin Investment Group (11.24 percent), ATEbank (11.05 percent), Marfin Popular Bank (10.85 percent), Intralot (10.20 percent) and EFG Eurobank (8.94 percent). Only OPAP (up 2.19 percent) appeared to buck the trend. Turnover reached 351.9 million euros.

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