ATHEX: Significant decline on high turnover

The main scale of the Greek stock marketplace came disconnected Wednesday’s month-highs connected Thursday, owing to unit connected bluish chips that was successful enactment with the diminution recorded connected astir different eurozone bourses. This followed 5 consecutive sessions of maturation for the benchmark astatine Athinon Avenue. The marketplace was besides acrophobic by the statement of the caput of Greek industrialists, who warned that vigor costs whitethorn beryllium astir to pb to the shutdown of two factories successful Greece. 

The Athens Exchange (ATHEX) wide scale closed astatine 2,035.21 points, shedding 1.46% from Wednesday’s 2,065.36 points. The large-cap FTSE-25 scale contracted 1.48%, ending astatine 5,134.04 points.

The banks scale conceded 1.50%, arsenic Optima slumped 3.10%, Piraeus sank 2.75%, Eurobank parted with 2.32%, Bank of Cyprus dropped 2% and National gave up 0.98%, while Alpha Bank precocious 0.57%.

In total 28 stocks notched up gains, different 78 suffered losses and 17 remained unchanged.

Turnover amounted to 368.5 cardinal euros, up from Wednesday’s €225.8 million.

In Nicosia the wide scale of the Cyprus Stock Exchange decreased 1.03% to adjacent astatine 287.49 points.