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The massive sell-offs seen on global markets, the euro's drop against other major currencies, the postponement of the seven-year bond issue, and the growing sense that the Greek government is not as stable as had been thought inflicted major losses on local stocks on Tuesday that were eventually contained toward the end of the session.
Mid-caps pushed the benchmark higher at the end of the week on what was a day of mixed fortunes for blue chips. Judging from the low turnover, many foreign investors decided to take the day after Thanksgiving off too.
The Athens Exchange (ATHEX) general index ended at 723.18 points, adding 0.36 percent to Thursday's 720.56 points. On a weekly basis it grew 1.14 percent.
After the major drop on Thursday, Greek stocks posted a notable recovery on Friday, covering more than half of the previous day's loss, and on increased turnover too.
The Athens Exchange (ATHEX) general index ended at 712.46 points, adding 1.58 percent to Thursday's 701.36 points. On a weekly basis, however, the benchmark posted a 2.95 percent decline.
During the course of Tuesday's trading session in Athens it appeared that Greek stocks might stage a recovery after the benchmark's downward spiral of recent days, but the rise proved unsustainable as the main index closed with just a fraction of the gains it had posted earlier in the day and trading volume left a lot to be desired.