ATHEX: shares relapse
Fears of a further worsening of relations between Russia and the West also sent Greek stock prices lower on Wednesday, as they did in the rest of the euro zone. The OPAP rose, however, and the game company’s strong financial results helped moderate the decline in the benchmark.
The general index of the Athens Stock Exchange (ATHEX) closed at 854.88 points, losing 1.46% compared to 867.54 points on Tuesday. The large-cap FTSE-25 index fell 1.33%, ending at 2,065.80 points.
The Banks Index fell 1.84%, as Alpha lost 2.37%, National lost 2.20%, Eurobank fell 1.55% and Piraeus lost 0.71%.
Lamda Development fell 4.02%, Coca-Cola HBC 3.77%, ElvalHalcor 3.54%, OTE telecom 2.90% and Titan Cement 2.80%, while OPAP rose 3 .43% and Athens Water (EYDAP) by 1.46%.
A total of 22 stocks made gains, 78 posted losses and 16 remained unchanged. The turnover amounted to 64.7 million euros, against 48 million euros on Tuesday.
Thursday is the last day of this trading week, with Friday being a public holiday.
In Nicosia, the general index of the Cyprus Stock Exchange fell by 0.47% to 65.91 points.