Equity prices were declining at the opening of trade on
Tuesday on the Athens Stock Exchange (ASE), influenced by a Moody's downgrading of Greece's credit rating, with the basic share price index down 1.81 percent, standing at 1,557.07 points at 11:00 am, and turnover at 19.591 million euros.Individual sector indices were moving downward nearly across the board, with the only gains in Insurance, up 1.61 percent; and Chemicals, up 0.40 percent.
The heaviest losses were in Construction, down 4.04 percent; Health, down 4.10 percent; Personal Products, down 3.46 percent; and Banks, down 2.99 percent.
The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 1.88 percent, the FTSE/ASE MID 40 index was down 2.40 percent, and the FTSE/ASE-80 small cap index was down 2.14 percent.
Of the stocks traded, 7 were up, 60 were down, and 7 were unchanged.
