ECONOMY

Caution keeps stocks in place

Stocks showed little movement yesterday, with the majority edging southward and turnover failing to reach even the 100-million-euro level. The Athens Exchange (ATHEX) general index declined to 1,545.40 points, falling 0.23 percent from Monday’s closure. The blue chip FTSE/ATHEX 20 index shrank by just 0.03 percent to close at 772.73 points. The lack of clear direction has once again kept investors away, probably in anticipation of concrete company news or some foreign trend. Marfin Investment Group outperformed other blue chips, gaining 7.02 percent, ahead of Motor Oil (up 1.69 percent) and Titan (1.48 percent). The biggest losses were for the blue chips of Hellenic Petroleum (3.28 percent), EFG Eurobank (2.88 percent) and Viohalco (2.30 percent). Turnover reached 92.9 million euros.