ATHEX: Stock index slips at start of trading week
The Greek stock market appeared unaffected on Monday by the growth momentum observed by its international peers, and recorded a small decline on fairly low turnover. The likely reason was the decision by DBRS Morningstar last Friday not to upgrade Greece's rating, opting instead to upgrade only the country's outlook to "positive."
The Athens Exchange (ATHEX) general index ended at 879.25 points, shedding 0.13 percent from Friday's 880.36 points. The large-cap FTSE 25 index contracted 0.40 percent to 2,175.44 points.
The banks index conceded 1.22 percent, with Alpha dropping 1.94 percent, Eurobank decreasing 1.32 percent, National giving up 0.46 percent and Piraeus slipping 0.19 percent.
Among the other blue chips - as the market anticipates the MSCI index shake-up on Thursday - Sarantis improved 2.05 percent, Jumbo climbed 1.71 percent and Fourlis Holdings...