Bourse resumes downward slide

Thursday’s respite from stocks’ continuous decline did not extend to Friday’s session, as the bourse returned to its downward course, with economists worrying about whether the measures the government is due to announce on Monday will be sufficient. The Athens Exchange (ATHEX) general index closed at 2,160.68 points yesterday, declining by 2.41 percent from Thursday’s close at 2,214 points. The blue chip FTSE/ATHEX 20 index dropped 3.47 percent to end at 1,097.91 points. Hellenic Postbank led losers with a sharp slide of 7.18 percent, followed by Piraeus Bank (down 6.80 percent), National Bank (6.10 percent), Viohalco (5.65 percent), EFG Eurobank (5.54 percent) and Marfin Popular Bank (5.49 percent). Motor Oil (up 3.93 percent) and Hellaktor (3.33 percent) were the day’s winners. Turnover reached 293 million euros.

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