The Athens Stock Exchange lost all that it gained yesterday, with the sellers recovering the lead and driving the market back to support of 1,400 points.

Pressures on the banks prevented Monday's upward reaction, with uncertainty and nervousness ahead of the second round of the French elections having a negative impact.

And all this, while internally the attention is gradually turning to the economic size of the second quarter but also to the new dividend cuts, at the same time that JP Morgan downgraded the recommendation for Greek shares to neutral.

Within this framework, the General Index recorded a remarkable drop of 0.97% and formed at 1.407,03 points, losing about 14 points compared to Monday's closing (1.420,83 points).

The arch of daily fluctuations was set at 11 units (from 1.407,03 to 1.418,86 units), with transaction turnover ranging from just 78 million euros, of which 5.3 million euros concerned pre-agreed packages.

On the board, now, banks have retreated to significantly lower levels, with National, Piraeus and Alpha losing from 2% to 3%. Intracom, for its part, rebounded by 3% due to the return of capital, while ABAX's share rose more than 4%, thanks to the new project in Iraq.

The banking index, after yesterday's strong rally, fell to -2.11% and 1.229 points, with the gap from high years reaching -9%.

The share of the National Bank dropped to -3.10% and 7,698 euros; the share of Alpha Bank was restricted to -1.95% and 1,56 euros; Eurobank's share fell to -1,29% and 2,07 euros; and the Piraeus share ended at -2.01% and 3,518 euros.

At the high capitalization index (-1,03% and 3,422 points), the share of Viohalco shrank to -2,7% and 5,7 euros, with the subsidiaries Elvalhalcor and Cenergy following at -1,9% and -0,4%. The shares of Coca-Cola and EYDAP also showed losses of more than 1%, while the shares of Aegean landed at -2.5% and 11.2 euros, respectively. On the other hand, Sarantis' shares managed to boost by 2%.

As for the mid-capitalization index (-0.63% and 2.249 points), the AVAX share jumped to +4.3% and 1.40 euros, taking impetus from the new project in Iraq. The share of ADMIE, in parallel, gained about 2%. In contrast, Intracom's share, which cut off the right to a 0.07 euro capital refund, fell by 3%. Ideal, Profile, EXAE, Intralot, Optima Bank, and Kri lost at least 1%.