Stocks end the day in the red
Greek stocks ended with widespread losses yesterday, as banks gave up more than 2 percent. The Athens bourse’s benchmark general index eased 0.87 percent to 2,217.58 points after showing gains for much of the session. Selling pressure picked up after worse-than-expected US jobs data fueled renewed concerns about when the world’s largest economy might recover from recession. Major European bourses were off by between 2.3 percent to 3.3 percent in late trade. Banks in Athens retreated 2.01 percent as Alpha Bank slipped 4.48 percent to 7.28 euros. Geniki Bank, majority-owned by France’s Societe Generale, soared 13.27 percent to 1.11 euros. Turnover reached 151.4 million euros versus 186 million previously.
