ECONOMY

Stocks sliding to lower levels

The Greek bourse added a sixth session to its losing streak, despite news about the European Central Bank cutting its key interest rate. The Athens Exchange (ATHEX) general index fell to 1,709.69 points yesterday, shedding 1.94 percent from Wednesday’s closure. The blue chip FTSE/ATHEX 20 index declined by 2.20 percent to 879.48 points, but mid- and small-caps had a much smaller drop to report. There were some small gains for the blue chips of OPAP (up 0.59 percent), Mytilineos (0.53 percent) and OTE telecom (0.51 percent). In contrast, the biggest losses were for Eurobank EFG (down 6.55 percent), Coca-Cola HBC (5.33 percent), Titan cement (4.76 percent), Piraeus Bank (4.33 percent) and National Bank (3.71 percent). Turnover reached 163.2 million euros.