ECONOMY

Index off 0.55 pct in line with Europe

Equities fell in sympathy with European markets yesterday, with the benchmark index sliding 0.55 percent, but National Bank bucked the trend. «National and EFG Eurobank have outperformed the market all this week. They currently offer the best value in the sector,» said Sofia Skourtis, analyst at Marfin Hellenic Securities. The benchmark index slipped 0.55 percent to 2,291.84 points, its second straight losing session. National Bank ended at 22.70 euros while EFG Eurobank closed flat at 14.10 euros. «All the major bourses were dropping and this resulted in selling pressure in ours,» said Thanassis Ipirotis, analyst at Devletoglou Securities. Turnover thinned to 58.46 million euros on 12.4 million shares traded. The FTSE/ASE-20 blue chip index dropped 0.52 percent to 1,211.23 points. Mid-caps eased 0.52 percent and small-caps slipped 0.15 percent. Losers beat winners 212 to 84 while 57 shares were unchanged on 353 traded. (Reuters) OTE