Tuesday’s session of the Athens stock market, ATHEX, opened with a marginal 0.64% drop in the general index. The ‘drama’ of the Greek banking shares continued amid internal and external uncertainty, dragging down the whole Greek equities market. Despite the fact that NGB seems to be adopting a plan for the non-performing loans, the market was unresponsive leading to a 4%fall in the banks’ stocks. Italian banking shares also continued on a downward trend, increasing pressure on the the Greek banking system. The general index of ATHEX opened at 535 points, with NBG recording a 2.63% drop and 1 million shorted by traders on the floor. Eurobank also lost 2.78%, while Piraeus stood at 0.144 per share. Other Greek banks with losses included Alpha Bank (-1.37%), while PPC fell by 0.82% to 2.41 Euros per stock. OPAP was in the profit zone standing at 6.24 Euros.
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