Once again, the Athens Stock Exchange was unable to hold onto early gains, with selling pressure on banks and other blue chips at the end.
Turnover remained weak and investor interest low.
The general index closed at 1,425.36, down 0.50%, on a turnover of €100 million.
Blue chips fell 0.76%, while mid-base rose 0.04%.
Only five non-bank blue chips finished with gains: Coca-Cola HBC (3.74%), Cenergy (1.56%), Sarantis (1.39%), Aegean (0.64%) and Viohalco (0.17%).
Five others, OTE, Ellaktor, OPAP, Jumbo and Titan fell more than 1%.
Banks underperformed, with the index slipping 1.73%. Piraeus Bank fell 1.96%, National Bank 1.85%, Eurobank 1.81% and Alfa Bank 1.60%.
Analyst Petros Steriotis noted that the turnover rate does not reflect a developed market. Investor interest in small and mid caps is almost non-existent. For the turnover to exceed €100 million, and for the market to get out of its eight-month trend, a narrow band, it will take decisive investment initiatives, new money inflows and strong news, he said .
