ECONOMY

Stocks end session with slight losses

Most stocks posted losses at the end of the session on the Athens bourse yesterday, although the main index registered just a small drop, following three days of gains totaling 2.97 percent. The Athens Exchange (ATHEX) general index closed at 1,555.41 points, declining by 0.37 percent from Monday’s close at 1,561.20 points. The blue chip FTSE/ATHEX 20 index contracted 0.24 percent to end at 757.57 points. Positive news from the New York Stock Exchange on consumer spending helped to limited losses on the general index in Athens, though it had been showing losses of 2.12 percent at one point during the session. The blue chips with the best performance for the day were Bank of Cyprus (up 3.71 percent), Hellenic Postbank (2.45 percent) and OPAP (2.14 percent). The worst off were Ellaktor (down 5.59 percent), Marfin Investment Group (5.10 percent) and Titan Cement (3.27 percent). Notably, National Bank dropped below the 10-euro mark yesterday, as it shed 1.87 percent of its value on the day. A total of 50 stocks headed north, 108 ended with losses and 45 remained unchanged. Parnassos Enterprises led the gainers with a 19.05 percent rise, while Klonatex had the biggest losses, ending down 16.67 percent. Turnover came to 72.1 million euros, up from Monday’s 45.1 million.