The Greek inventory market paid dearly for the announcement by Donald Trump about heavy tariffs on imports to the US, struggling large losses on Monday consistent with nearly all worldwide markets. The benchmark at Athinon Avenue reported its largest every day hunch in about six months, having reached a 13.5-year excessive final week. Nevertheless, the reason for the hunch is such that enables for sure optimism that the state of affairs might be simply reversed if the threats a few commerce conflict show not more than simply threats.
The Athens Change (ATHEX) normal index closed at 1,507.50 factors, shedding 2.70% from Friday’s 1,549.32 factors. The big-cap FTSE-25 index contracted 2.85%, ending at 3,670.02 factors.
The banks index nosedived 4.02%, as Piraeus gave up 5.16%, Alpha dropped 5.10%, Eurobank fell 4.29% and Nationwide parted with 2.77%. Coca-Cola HBC bucked the development, rising 1.80%.
In complete 9 shares boasted good points, 105 posted losses and 11 remained unchanged.
Turnover amounted to 184.4 million euros, up from final Friday’s €129.2 million.
In Nicosia, the final index of the Cyprus Inventory Change decreased 1.28% to shut at 223.95 factors.
