The Athens Stock Exchange has started the week on a downward trend, with investors rushing to assess last night's election results both in Greece and abroad.

Despite the fact that domestic political stability is not open to question, the ballot in Germany and especially France is triggering concern in the investment community, which indirectly affects Greece as well.

Thus, the market is currently succumbing to liquidations, which in any case are controlled, not overturning the visual contact with the resistances of 1,502 points (high of the year).

More specifically, in today's session, the General Index is down 1.02% to 1,443.50 points, losing almost 15 points compared to Friday's close (1,458.37 points).

The arc of the daily fluctuations extends over five points (from 1,443.18 to 1,448.25 points), with the turnover of the trading volume ranging at 8.5 million in the first 20 minutes.

On the board, banks are now under the most pressure, with Piraeus and Alpha Bank losing up to 2%. Jumbo - Motor Oil are also suffering similar losses. On the flip side, scripts for a deal in Terna Energy provide a boost to TENERG and GEK TERNA. 

The banking index is the recipient of most of the liquidation, falling -1.56% to 1,275 points.

Alpha Bank's share is reduced to -2.16% and 1,585 euros, Piraeus' share is folded to -1.68% and 3,746 euros, Eurobank's share is traded at -1.38% and 2,072 euros, and National Bank's share is reduced to -1.31% and 8,156 euros.

In the high-cap index (-1.20% and 3,498 points), Jumbo's share slides -2% and 26.8 euros, with shares of OTE, OPAP, Mytilineos, Motor Oil, EYDAP, Elvalhalcor, Aegean, Viohalco, Quest, Helleniq Energy and Cenergy folding by at least 1%. On the flip side, GEK Terna shares gain 1.4% and Terna Energy shares rise 0.8%.

As for the mid-cap index (-0.80% and 2,307 points), Intrakat's share stands out at -2.4% and "falls" below EUR 5. Alumyl and Techniki Olympiaki are down 2%, while shares of Thrace Plastics, Intralot, Intracom and Lavipharm are at -1%.