Without differentiating from recent trading pattern of low volume and thin turnover, on Tuesday the General Index of ASE managed to put an end to one of the longest downward streaks in recent years.
However, the positive closure was accompanied by fluctuations, as the General Index trimmed intraday profits of 1.76% to 0.10% before ending at 1,187.74 units, up 1.37%.
Greek banks pushed the market ahead on Tuesday, with the index posting intraday profits of 4.09%, helped by National Bank (+4.71%) and Bank of Cyprus (+7.64%).
Market analysts continue to speak of volatile situation in the Greek market, which welcomed the outcome of the auction of Greek treasury bills by PDMA, while the interest is still focused on European processes ahead of the European Union Summit on Thursday.
They indicate that the outcome of the Summit and the willingness of European leaders would largely determine the course of the ASE and the Greek economy, and the overall course of the European debt crisis, which several countries outside peripheral Eurozone start to feel.
In any case, increased volatility remains the most likely scenario for the rest of the week.
Approximately 23.51 million units worth €64.94 million were traded on Tuesday, while a total amount of 85 shares rose, 44 declined and 151 remained unchanged.
Mytilineos topped FTSE20 with profits of 4.10% at €4.32, while Eurobank and Coca Cola 3E rose by 3.47% and 3.45% at €2.68 and €19.19 respectively.
On the other hand, Jumbo and PPC fell by 2.20% and 2.09% at €4.88 and €8.90 respectively. MIG and ATEBanks posted losses of 1.92% and 1.69% respectively.
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