Stocks fall 1 pct as banks slide
Greek stocks ended a three-session positive streak yesterday, falling almost 1 percent. The Athens Exchange’s benchmark general index fell 0.99 percent to 1,731.37 points, close to an intrasession low of 1,721 points. Volatility continued in banks, which gave up just over 2 percent. Eurobank, Greece’s second-largest lender, fell 4.94 percent to 4.62 euros, while Marfin Popular Bank tumbled 5 percent to 1.71 euros. Public Power Corporation also ranked among the losers, falling 3.17 percent to 12.84 euros. OTE telecom outperformed, ending the session unchanged at 11.50 euros. Turnover for the session reached 116.8 million euros versus 162 million previously. The Cypriot general index fell 0.1 percent to 981.44.