Moody’s resolution in opposition to upgrading the Greek ranking, and the JP Morgan report that Greece is just not but prepared to affix the developed markets poured chilly water on expectation on the bourse in earlier days and led to a big decline in costs on Tuesday, on the opening of the inventory market after the lengthy weekend. Banks fared higher due to the resilience of Eurobank and Nationwide.
The Athens Alternate (ATHEX) normal index closed at 1,403.47 factors, shedding 1.31% from Friday’s 1,422.03 factors. The massive-cap FTSE-25 index contracted 1.46%, ending at 3,379.21 factors.
The banks index declined 0.45%: Piraeus parted with 3.66% and Alpha was down 0.94%, whereas Nationwide grabbed 1.11% and Eurobank improved 0.95%. OPAP slumped 3.57%, Jumbo gave up 3.37%, Cenergy Holdings fell 2.98% and Mytilineos conceded 2.74%, as EYDAP superior 1.67%.
In whole 29 shares secured features, 77 endured losses and 16 remained unchanged.
Turnover amounted to 180.9 million euros, down from final Friday’s €357.2 million.
In Nicosia, the overall index of the Cyprus Inventory Alternate decreased 0.19% to shut at 144.61 factors.
