No halt to slide on the local bourse

Stocks came under pressure yesterday, with the main index of the local bourse recording a fifth consecutive day of losses. The Athens Exchange (ATHEX) general index closed at 1,535.83 points, declining by 1.55 percent from Wednesday’s close at 1,560.08 points. The index’s total losses over the past five days of decline total 4.66 percent. The blue chip FTSE/ATHEX 20 index shrank by 1.06 percent to end at 745.40 points. Small-caps, however, had a better day, with their FTSE/ATHEX 80 index advancing by 0.28 percent. The biggest gains among blue chips were for the stocks of Marfin Popular Bank (up 6.37 percent) and Marfin Investment Group (2.22 percent). Worst off were the blue chips of OTE telecom (down 4.31 percent), Coca-Cola HBC (4.04 percent) and OPAP (2.95 percent). A total of 73 stocks went up, 86 headed down and 44 remained unchanged. Marble-cutter Iktinos led the gainers with a 9.68 percent rise, while Images and Sound posted the biggest losses, giving up 14.29 percent. Turnover came to just 77.1 million euros, down from 95.3 million in the previous session.

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