ECONOMY

Quiet session ends with slight losses

The local bourse had a particularly quiet session yesterday, with turnover failing to reach even 40 million euros, as the US market was closed due to the American Independence Day holiday and Greek investors apparent reluctance to commit themselves to much this summer. The Athens Exchange (ATHEX) general index closed at 1,450.06 points yesterday, declining 0.07 percent from last Friday’s close at 1,451.08 points. The blue chip FTSE/ATHEX 20 index fell 0.19 percent to end at 683.86 points. Among blue chips, Public Power Corporation saw the biggest rise (3.58 percent), followed by Marfin Popular Bank (2.76 percent), Jumbo (1.96 percent) and Eurobank EFG (1.53 percent). Worst off were the blue chips of Ellaktor (down 3.72 percent), ATEbank (2.94 percent), Hellenic Petroleum (2.50 percent) and Marfin Investment Group (1.96 percent). A total of 63 stocks headed north, 79 fell and 45 stayed put. Haidemenos led the gainers with a 13.48 percent rise, while Vell Group posted the biggest losses (19.81 percent). Turnover came to just 38.1 million euros, the fourth-lowest turnover in the last 11 years.