ECONOMY

Index unable to stay at 1,700

Most Greek stocks ended up on the losing side yesterday despite initially posting gains, due to fresh negative influences from abroad. The Athens Exchange (ATHEX) general index increased to 1,678.72 points, falling by 0.34 percent from Tuesday’s close. It once again proved unable to hold on to the 1,700-point level although it had reached and even exceeded it during the session. The blue chip FTSE/ATHEX 20 index shrank by 0.26 percent to close at 844.57 points. Among blue chips the biggest rise was for Alpha Bank (up 4.22 percent), followed by Mytilineos (4.07 percent), Intralot (1.83 percent), Bank of Cyprus (1.31 percent) and Public Power Corp (1.10 percent). Worst off were the blue chips of OPAP (down 2.42 percent), Hellenic Petroleum (1.95 percent), Motor Oil (1.79 percent) and OTE telecom (1.51 percent). Turnover reached 124.3 million euros.