New year-low for main index

Stocks registered more losses yesterday in a session that saw a record low turnover – the lowest since the summer of 2002. The Athens Exchange (ATHEX) general index ended at a new year-low of 1,711.80 points yesterday, declining by 1.15 percent from Friday’s close. The blue chip FTSE/ATHEX 20 index dropped by 1.13 percent to 877.24 points. However mid-caps posted a small rise. Outperforming other blue chips were the stocks of Alpha Bank (up 5.32 percent), Mytilineos (3.45 percent), Marfin Investment Group (2.53 percent), Hellenic Postbank (2.52 percent) and Coca-Cola HBC (1.94 percent). Worst off were OTE telecom (down 7.12 percent), Hellenic Petroleum (4.59 percent), Motor Oil (4.42 percent), ATEbank (3.01 percent) and Public Power Corp. (2.68 percent). Turnover came to just 76.8 million euros.