Stocks start up, but slip in the end

[Nicholas Cappello/Unsplash]

The Athens banal marketplace followed the aforesaid signifier Tuesday arsenic erstwhile sessions: trading wrong a constrictive set connected debased turnover. Although it started positively, with the wide scale trying to breach 1,440 points, sellers prevailed toward the end.

Overall, investors are taking a wait-and-see attitude, expecting the merchandise of eurozone ostentation information that volition power the European Central Bank’s determination connected involvement rates successful September. They are besides focused connected developments successful the Middle East, arsenic good arsenic listed companies’ fiscal results. The first-half results announced by 21 listed firms truthful acold person raised exectations for much bully news.

The wide scale slipped 0.36% to adjacent astatine 1,432.46 connected turnover of €70.1 million.

Blue chips dropped 0.37% and mid-caps 0.46%.

Just 5 non-bank bluish chips ended with gains: Coca-Cola HBC (1.39%), EYDAP (0.72%), Motor Oil (0.65%), Jumbo (0.44%) and GEK Terna (0.11%).

The biggest driblet was recorded by Cenergy, portion Viohalco and Titan dropped implicit 2% and PPC, OTE, Metlen, Autohellas and Sarantis dropped astatine slightest 1%.

The slope sub-index dropped 0.16%, with Piraeus Bank dropping astir (1.82%).