Stocks retreat in thin trade

The Athens bourse lost nearly 2 percent yesterday on thin turnover but small-caps bucked the trend, ending in positive territory. The Athens Exchange’s benchmark general index lost 1.99 percent to end at 1,774.28 points, just off session lows. The blue chip FTSE/ATHEX 20 index dropped 2.01 percent. Gaming company OPAP tumbled 7.22 percent, while the Bank of Cyprus shed 5.51 percent to 2.23 euros. The small-cap FTSE/ATHEX 20 index gained 0.31 percent. European and US stock markets were mixed late yesterday amid worries about the exposure of financial institutions to an alleged $50 billion fraudulent investment scheme in the USA. Turnover fell to 93.2 million euros versus 134 million in the previous session.

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.