The Athens Exchange (Athex) is on shaky grounds for another session, with sellers making aggressive liquidations, aiming at the support threshold of 1,217 points, as the impact of the disaster in Thessaly continues to play a key role, “burying” the news of the upgrade of Greece credit rating by international houses. At the same time, attention is also turning to Eurozone interest rates.

Banks are sliding to their lowest level in four months, with Piraeus, Eurobank, and Ethnik losing up to 3%. Aegean also suffers heavy losses of more than 4.5%, falling below the 12 euro threshold, while Viohalco, Cenergy, and Autohellas are down at least 3%. It is indicative that all blue chips are in the red.

The General Index is down a significant 2.21% to 1,219.34 points, losing at least 27.5 points compared to Tuesday’s close (1,246.88 points). The spread of daily fluctuations extends to 29 points (from 1,219.34 to 1,248.90 points), with a trading turnover of 58.4 million euros.

The banking index is retreating to its lowest level since May 19, as it is currently at -2.67% and 937 points, registering losses of more than 10% since the beginning of September.

Piraeus shares, indicatively, are sliding -3.1% and EUR 2.82, with Eurobank shares following at -3.0% and EUR 1.42. Beyond that, National Bank shares are trading at -2.2% and EUR 5.6, while Alpha Bank shares are down -2.1% and EUR 1.33. In more detail:

Alpha Bank -2.17% EUR 1.3315
Eurobank -3.06% EUR 1.425
National Bank -2.22% EUR 5.632
Piraeus -3.15% EUR 2.824

In the high-cap index (-1.97% and 2,959 points), Aegean shares tumbled -4.9% and folded below 12 euros, with Viohalco, Cenergy and Autohellas down at least 3%. Coca-Cola, HELPE, Jumbo, Quest, Titan, Sarantis, PPC, ELVALHALKOR, and Motor Oil, at the same time, lose more than 2%, while TERNA ENERGY, GEK TERNA and OTE are down 1%. It is indicative that, at the moment, all blue chips are in negative territory.