Tuesday’s session at Athinon Avenue was a game of two halves. Investors boosted prices at first, encouraged by the rise in fellow eurozone markets and the decline in oil rates as a new US offense on Iran was aborted, per Donald Trump, while sellers took over late in the afternoon to inflict losses on the ATHEX benchmark. The action led to daily turnover climbing to its highest in the last five sessions, with PPC remaining the focus of attention.
The Athens Exchange (ATHEX) general index closed at 2,211.20 points, shedding 1.12% from Monday’s 2,236.24 points. The large-cap FTSE-25 index contracted 1.15%, ending at 5,605.76 points.
The banks index conceded 1.53%, as Eurobank declined 2.08%, Bank of Cyprus dropped 2.01%, National gave up 1.64%, Piraeus parted with 1.62% and Alpha eased 1.21%. ElvalHalcor fell 8.03%, Cenergy Holdings eased 5.25% and PPC diminished 2.08%.
In total 34 stocks secured gains, 73 endured losses and 15 remained unchanged.
Turnover amounted to €282.4 million, up from Monday’s €234.6 million.
