ATHEX: Second day of losses for the bourse

Greek stocks suffered caller unit connected Tuesday, some owed to planetary concerns implicit the US-China trade struggle and the prolonged instability successful France, and owed to the strong gains recorded past week connected Athinon Avenue that led galore traders to currency successful their gains. The theory that section stocks are overbought remains to beryllium proven successful the abbreviated term, though there is besides the Standard & Poor’s verdict connected the Greek system this Friday to look guardant to for direction.

The Athens Exchange (ATHEX) wide scale closed astatine 2,056.86 points, shedding 1.45% from Monday’s 2,087.17 points. The large-cap FTSE-25 scale contracted 1.50%, ending astatine 5,200.99 points.

The banks scale mislaid 1.24%, arsenic Alpha parted with 2.70%, Piraeus gave up 2.02%, Bank of Cyprus conceded 1.97% and Eurobank shied 1,01%, while Optima precocious 0.82% and National closed without a change.

In total 35 stocks secured gains, 81 endured losses and 11 remained unchanged.

Turnover amounted to 318.9 cardinal euros, up from Monday’s €251.8 million.

In Nicosia, the wide scale of the Cyprus Stock Exchange decreased 0.91% to adjacent astatine 282.91 points.