ATHEX: Index suffers more pressure from abroad

PPC’s stock superior summation contained the diminution of the Greek bourse benchmark connected Monday, arsenic banks were erstwhile much astatine the forefront of stock income regarding concerns for different circular of aggression successful the Middle East. 

One tin astir safely presume the pendulum will swing the different way travel Tuesday. Against that background, the people of definite nationalist champions, PPC included, springiness Athinon Avenue a enactment of caller air.

The Athens Exchange (ATHEX) wide scale closed astatine 2,236.24 points, shedding 0.47% from Friday’s 2,246.82 points. The large-cap FTSE-25 scale contracted 0.42%, ending astatine 5,671.02 points.

The banks scale conceded 0.72%, arsenic some Eurobank and Piraeus parted with 1.59%, Alpha gave up 0.39% and National eased 0.36%. ElvalHalcor fell 6.44%, while Public Power Corporation bucked the trend to turn 2.38%.

In total, 28 stocks boasted gains, 77 posted losses and 18 remained unchanged.

Turnover amounted to €234.6 million, down from Friday’s €238.6 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.72% to adjacent astatine 284.67 points.