The lowest daily turnover in seven weeks recorded on Monday at the Greek bourse revealed not only that traders are already in summer mode, but also that they are taking the fresh tension in the Persian Gulf in stride, and await more concrete developments before taking a position. The local market’s benchmark suffered negligible losses, despite the more notable decline of banks, as refineries enjoyed a good day of trading.
The Euronext Athens (ATHEX) general index closed at 2,512.07 points, shedding 0.05% from Friday’s 2,513.22 points. The large-cap FTSE-25 index also contracted 0.05% to end at 6,387.20 points.
The banks index conceded 0.62%, as CrediaBank fell 2.66%, National eased 1.55%, Optima dipped 0.97%, Alpha gave up 0.75% and Eurobank parted with 0.55%, while Piraeus added 0.54% and Bank of Cyprus improved 0.20%.
In total, 47 stocks boasted gains, 63 posted losses and 12 remained unchanged.
Turnover amounted to €205.3 million, down from last Friday’s €241 million.
