ECONOMY

Losses continue on bourse

Stocks on the local bourse continued to slide yesterday, although many shares managed to limit losses incurred over the course of the day. The Athens Exchange (ATHEX) general index closed at 1,466.67 points yesterday, shrinking 0.40 percent from Tuesday’s close at 1,472.50 points. The blue chip FTSE/ATHEX 20 index declined 0.23 percent to end at 705.95 points. Motor Oil suffered the worst losses among blue chips, posting a decline of 4.34 percent. It was followed by Hellenic Petroleum (down 2.92 percent), National Bank (2.03 percent, closing at 7.23 euros) and Mytilineos (1.61 percent). Alpha Bank and OPAP registered the highest gains yesterday, at 2.51 percent and 2.07 percent respectively. Emporiki Bank, owned by France’s Credit Agricole, closed at a historic low of 2.06 euros. The sectoral index for travel and entertainment outperformed, posting 1.99 percent growth. A total of 55 stocks went up yesterday, 98 headed down and 64 remained unchanged. Mevaco led the gainers with a 9.21 percent rise, while Maritime Company of Lesvos had the biggest losses (down 13.33 percent). Turnover came to 103.7 million euros, down from Tuesday’s 150 million.