ATHEX: Stocks see early gains reversed

Trading on the Greek stock market presented a variant of the scenario observed in recent days on Wednesday, with a rather enthusiastic start to the session giving way to stock sales over the course of the day – just like in the three previous bourse sessions – though this time the benchmark dived below the opening figure to register a half a percentage point loss. It was only the mid-cap index that survived the pressure to stay in the black for the day – but only just.

The Athens Exchange (ATHEX) general index closed at 836.48 points, shedding 0.50% from Tuesday’s 840.69 points. The large-cap FTSE-25 index contracted 0.60%, ending at 2,015.08 points, while mid-caps expanded just 0.01%.

The banks index declined 0.82%, on National sinking 2.57%, Piraeus losing 0.89% and Eurobank falling 0.55%, as Alpha rose 0.54%.

In total 43 stocks reported gains, 55 sustained losses and 21 remained unchanged.

Turnover amounted to 50.2 million euros, down from Tuesday’s €54.9 million.

In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.42% to close at 69.37 points.