The constant flip-flopping around the Persian Gulf truce and the Strait of Hormuz opening by the parties involved apparently have markets turning their back on daily developments, looking instead at the bigger picture. Case in point was the US inflation data released on Tuesday, which offset early losses at most eurozone bourse, including in Athens. The local benchmark even moved to positive territory before the closing auctions that left it with minor losses in the end.
The Euronext Athens (ATHEX) general index closed at 2,507.99 points, shedding 0.16% from Monday’s 2,512.07 points. The large-cap FTSE-25 index also contracted 0.16% to end at 6,377.22 points.
The banks index conceded 0.44%, as Bank of Cyprus fell 2.21%, National parted with 1.70%, CrediaBank shied 0.55% and Optima gave up 0.49%, while Piraeus expanded 0.86% and Eurobank added 0.23%.
In total, 34 stocks secured gains, 72 endured losses and 16 remained unchanged.
Turnover amounted to €245.3 million, up from Monday’s €205.3 million.
