Markets reacted on Thursday with pessimism to US President Donald Trump’s message about the extension of the war in Iran. Oil rates and bonds rose, while stocks declined, including those at Athinon Avenue. In the absence of any light at the end of the tunnel and given the closure of the bourse both on Friday and on Monday due to holidays in other European markets, investors chose to keep their cards close to their chest and reduced their exposure, as the turnover also reveals.
The Athens Exchange (ATHEX) general index closed at 2,118.27 points, shedding 0.55% from Wednesday’s 2,130.06 points. The large-cap FTSE-25 index contracted 0.56%, ending at 5,375.69 points.
The banks index conceded 1.07%, as Optima parted with 3.34%, Bank of Cyprus diminished 2.55%, National eased 1.43%. Piraeus gave up 0.83% and Eurobank shied 0.77%, while Alpha advanced 0.30%.
In total 26 stocks reported gains, 89 suffered losses and 12 remained unchanged.
Turnover amounted to €261.5 million, down from Wednesday’s €396.2 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 1.59%, to close at 261.37 points.