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Home International Markets

ATHEX: Greek stocks edge down as banks perform poorly

byCT Report
02/08/2016
in International Markets, Latest News
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ATHENS: The Greek stock exchange’s general index fell slightly to 569.6 points on Monday, a 0.30 percent drop from its previous closing.

Bank stocks in Athens were among the biggest downward movers in the wake of nervousness among investors following Europe-wide stress tests whose results were published on Friday. This was a trend that was replicated at bourses across the continent.

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National Bank shares fell 6.44 percent, followed by Eurobank (-5.10 percent), Piraeus (-2.67 percent) and Alpha (-1.13 percent).

GEK Terna and Grivalia Properties saw the day’s biggest increases, up 2.06 and 2.02 percent respectively. Overall, 48 stocks rose, 41 fell and 13 remained stable.

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