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ECONOMY

Stocks resume downward slide

AMNA / Stocks resumed their downward trajectory on Monday, with the results of the G8 summit and the statements of support for Greece unable to sustain Friday's gains or offset concerns about the uncertain political scene. The composite index of the market fell 1.01 pct to end at 544.56 points in a session marked by nervous, edgy trade and a very low turnover of just 27.845 million euro.

The Big Cap index fell 0.82 pct, the Mid Cap index ended 2.13 pct down and the Small Cap index fell 1.46 pct. The Construction (1.65 pct), and Raw Materials (0.86 pct) were the only sectors to post gains, while Commerce (-4.77 pct), Utilities (3.67 pct) and Travel (3.41 pct) sectors suffered the heaviest percentage losses of the day. Titan (2.07 pct), Mytilineos (1.69 pct) and Eurobank (1.20 pct) were the blue chip stocks with the highest gains, while Viohalko (-5.03 pct), Motor Oil (-5.00 pct) and Folli Follie (-4.71 pct) were top losers. amna

Broadly, decliners led advancers by 71 to 37 with another 22 issues unchanged. 


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