The benchmark of the Greek bourse has been declining all week, and Thursday was no exception, with the majority of stocks heading lower, led by banks and a number of other blue chips such as GEK Terna and Lamda Development. The local market is generally dominated by capital boosts to a number of stocks, which also absorb part of the liquidity available, in midsummer, too. Yet while the gap widens between the major stocks and bourse’s the also-runs, the mid-cap pool will continue to offer considerable opportunities for gains.
The Euronext Athens (ATHEX) general index closed at 2,475.74 points, shedding 0.40% from Wednesday’s 2,485.75 points. The large-cap FTSE-25 index contracted 0.39% to end at 6,294.03 points.
The banks index conceded 0.91%, as Piraeus dropped 1.58%, National fell 1.21%, Alpha eased 0.98%, CrediaBank gave up 0.82% and Eurobank lost 0.48%.
In total, 36 stocks reported gains, 71 sustained losses and 15 remained unchanged.
Turnover amounted to €321.7 million, down from Wednesday’s €602.5 million.
