The Athens Stock Exchange session tries to manage imported pressures from the sell-off in the US yesterday, despite the additional "weight" from the Eurobank dividend.
Specifically, the General Index is trading 1,451.89 points at -1% and has not retreated below 1,450.32 points. (-1.12%). Turnover is at 40 million euros, while 10 million pieces have been traded.
PICTURE ON BOARD
The bank index leads the decline with -2.5% at 1,284 points, the FTSE is down 1.3% at 3,530 points, as is the mid-cap FTSEM at 2,307 points with -0.8%.
Eurobank is down 4.8% after the cut-off, with Piraeus and Alpha around -1.6% and ΝΒG at -1%, while smaller Optima follows the sector's mood with -2.3%.
OTE attempts to provide some support to the market with +1.5% but has only Aegean next to it in the FTSE with a small gain of 0.4%.
Beyond banks, the biggest pressures are on Titan at -1.9%, Sarantis at -1.8%, OPAP at -1.75%, and PPC at -1.3%. Some resilience is shown by AIA, ELPE, Coca-Cola, and Jumbo, which limit losses to -0.4%, with Metlen remaining around unchanged with the market showing that it had discounted its "explosive" numbers.
In the lower layers, Attica Bank attempts to move higher at +2.5%, while Ideal moves with losses of 2.8%.