ATHEX: Market jitters send index back south

The fragile ceasefire betwixt the US and Iran continues to trouble wealth markets and connected Tuesday it ate into caller gains of the Greek bourse benchmark, which chiefly suffered owed to the diminution of slope stocks. With Bank of Greece Governor Yannis Stournaras predicting that uncertainty is present to stay, traders will beryllium blessed to support their cards adjacent to their thorax for the clip being, adjacent if the home system offers some important concern opportunities.

The Athens Exchange (ATHEX) wide scale closed astatine 2,266.42 points, shedding 1.26% from Monday’s 2,295.32 points. The large-cap FTSE-25 scale contracted 1.36%, ending astatine 5,751.37 points.

The banks scale dropped 2.65%, arsenic Eurobank declined 4.14%, Bank of Cyprus diminished 4.13%, Alpha gave up 2.72%, National conceded 2.33% and Piraeus parted with 1.77%, while Optima precocious 1.95%.

In total 43 stocks secured gains, 64 endured losses and 15 remained unchanged.

Turnover amounted to €286.9 million, up from Monday’s €233.3 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 2.27% to adjacent astatine 291.60 points.