Stocks dip, ending 5-day positive run

Greek stocks lost just over 1 percent yesterday, ending a five-session winning streak, as bank losses weighed on the market. The Athens bourse’s benchmark general index gave up 1.07 percent to end at 1,443.00 points after dipping to an intra-session low of 1,438 points. The blue chip FTSE/ATHEX 20 index shed 1.24 percent to end at 672.40 points. Banks fell 2.23 percent, led by a 2.02 percent drop in National Bank which ended at 6.32 euros. Alpha Bank underperformed, dropping 4.21 percent to 3.64 euros and Eurobank EFG slipped 3.46 percent to 3.63 euros. Bank of Cyprus moved 0.74 percent lower to 2.68 euros. Lottery systems provider Intralot tumbled 6.69 percent to 2.23 euros. Earlier yesterday, the company said it had signed a new contract with Croatia’s state lottery Hrvatska Lutrija to provide interactive gaming services. No financial details were provided. Cement company Titan dropped 3.41 percent to 15.60 euros. OTE telecom ranked among the winners, adding 0.43 percent to 7.02 euros, while OPAP rose 0.98 percent to 13.38 euros. Turnover reached 88.8 million euros versus 80.4 million in the previous session.