The overall sentiment of uncertainty, which dragged the international markets down on Thursday, weighed also on the Athens Exchange, with the General Index falling by 2.3% and the turnover remaining thin. Greek PM meets his counterparts in Brussels, as the Greek issue is the main issue of the EU Summit.
The General Index moved into negative territory throughout the trading session, while Greek banks also suffered intense pressures, as growing discussions on the medium-term package dominated the newsflow, along with IEA’s decision to release strategic oil reserves.
The euro moved sharply downwards, falling below $1.42, as avoiding risk stance prevailed, while oil price dropped below $90.
The market observes closely the developments and the existing sentiment is expected to remain until substantial progress is made, Manos Hatzidakis, investment and strategy director at Pegasus Securities, told Capital.gr.
“The key precondition is the passing of the program, in order to expect something from the summits of the European authorities, such as the Eurogroup”, he added.
Across the board, the General Index ended at 1,242.82 units, down 2.33%, close to session’s low. Approximately 19 million units worth €57.2m were traded on Thursday, while a total amount of 36 shares rose, 92 declined and 152 remained unchanged.
Banks fell by 3.78%, at 925.04 units, with all the shares of the sector in red. Proton Bank suffered the heaviest losses, falling by 5.56%, while Alpha Bank, National Bank and ATEBank lost more than 4%.
