The sell-off at the Greek bourse continued yesterday as investors keep heading for the exit from a market teetering on the verge of a country default. The benchmark flirted with a 33-month low, while trading volume was the highest of the last seven sessions.
The Athens Exchange (ATHEX) ended up at 703.05 points, shedding 4.77 per cent from Monday’s 738.25 points. The large-cap FTSE/ATHEX 25 index contracted 5.04 per cent to close at 210.12 points.
The bourse’s capitalisation has lost about 7.3 billion euros in just three sessions, while the general index has fallen 14.59 per cent and the banks index has contracted 26.02 percent.
Banks led the drop once again as National lost 10.91 per cent, Piraeus dropped 9.97 per cent and Alpha gave up 9.54 per cent. Just three blue chips headed north as Viohalco added 2.19 per cent, Grivalia Properties advanced 0.83 per cent and Coca-Cola HBC edged up 0.20 per cent.
In total 26 stocks registered gains, 77 suffered losses and 11 remained unchanged.
Turnover amounted to 106.4 million euros, up from Monday’s 97.7 million.
Source: Kathmerini
