ATHEX: Credit stocks soften blow for bourse

The raging trade war connected a planetary standard and the unit it is inflicting connected superior markets has been affecting the Greek bourse too, albeit successful a much mean manner connected Tuesday, arsenic Monday’s planetary stock maturation coincided with a vacation for Athinon Avenue. Banks contained the driblet of the benchmark, keeping it supra the 1,600-point people for different day, while turnover remained astatine a precocious level.

The Athens Exchange (ATHEX) wide scale closed astatine 1,602.15 points, shedding 0.35% from Friday’s 1,607.78 points. The large-cap FTSE-25 scale contracted 0.29%, ending astatine 3,930.98 points. 

The banks scale expanded 0.48% to ascent to a caller nine-year high. Alpha augmented 1.72% and National fetched 1.05%, while Optima mislaid 0.84%, Piraeus gave up 0.29% and Eurobank parted with 0.28%. Sarantis slumped 3.63%, PPC shrank 2.72%, Motor Oil fell 2.58% and Jumbo declined 2.26%. 

In total 32 stocks secured gains, 70 endured losses and 23 remained unchanged.

Turnover amounted to 302.6 cardinal euros, down from past Friday’s €385.1 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.68% to adjacent astatine 226.39 points.