Index falls on day after polls

The local stock market greeted the election of a new, single-party government with a mixed session that saw most stocks rising but the main index declining. The Athens Exchange (ATHEX) general index dropped to 2,581.07 points yesterday, shrinking 0.48 percent from last Friday’s close, although during the day it had posted gains of over 1.70 percent. The blue chip FTSE/ATHEX 20 index dropped 0.60 percent to end at 1,364.20 points. Mid-caps outperformed, with their index rising 0.32 percent. The biggest rise among blue chips was for Motor Oil (up 2.49 percent) and Marfin Popular Bank (2.46 percent). The worst performances were registered by Coca-Cola HBC (down 2.52 percent), National Bank (2.29 percent) and Hellenic Postbank (1.07 percent). Turnover reached 225.3 million euros.