Greek stocks finished the trading day lower on Tuesday as losses in Telecoms, Household and Basic Resources sectors pushed the benchmark downward.
At the close in Athens, the Athens General Composite declined 0.72%.
The session's leading individual gainers included Thessaloniki Water and Sewage Co SA (AT:TWSr), which advanced 4.14% or 0.20 points to close at 5.03, and Kri-Kri Milk (AT:KRIr), which added 3.84% or 1.05 points to finish at 28.40. Coca Cola HBC AG (AT:EEEr) rose 2.22% or 1.30 points to end the day at 59.90.
On the downside, Cenergy Holdings SA (AT:CENEr) shed 2.42% or 0.58 points to trade at 23.40 at the close. Gr Sarantis SA (AT:SRSr) declined 1.95% or 0.30 points to 15.10, while Eurobank Ergasias SA (AT:EURBr) fell 1.89% or 0.08 points to 4.32.
Market breadth on the Athens Stock Exchange showed more decliners than advancers, with 66 stocks falling and 45 rising; 21 issues finished unchanged.
Two stocks hit notable milestones in the session. Shares of Thessaloniki Water and Sewage Co SA (AT:TWSr) reached five-year highs after the 4.14% gain that took the price to 5.03. Coca Cola HBC AG (AT:EEEr) moved to an all-time high, rising 2.22% to 59.90.
Commodities traded mixed alongside the local market. Gold Futures for August delivery was essentially flat, down 0.01% or 0.39 to $4,167.11 a troy ounce. Energy contracts were firmer: crude oil for August delivery rose 2.13% or 1.46 to $70.01 a barrel, and the September Brent contract increased 2.18% or 1.57 to $73.56 a barrel.
Foreign exchange moves were modest. EUR/USD was unchanged, moving 0.05% to 1.14, while EUR/GBP was effectively flat, changing 0.01% to 0.85. The US Dollar Index Futures was up 0.05% at 100.67.
Market context and takeaways
- The Athens General Composite closed lower by 0.72%, reflecting weakness across key cyclical sectors.
- Utilities and select consumer staples provided outperformance, with Thessaloniki Water and Sewage Co and Coca Cola HBC among the session's top performers.
- Energy and banking names were notable laggards, with Cenergy Holdings and Eurobank Ergasias among the largest decliners by percentage.