Greece's equity market finished the trading day in negative territory on Tuesday, with the Athens General Composite losing 0.16% at the close.
The market downturn was led by declines across the Telecoms, Household and Basic Resources sectors, contributing to a broader picture in which falling stocks outnumbered advancing ones. On the Athens Stock Exchange, 71 issues declined, 44 advanced and 17 finished unchanged.
Top movers
Among individual gainers, Kri-Kri Milk (AT:KRIr) posted the largest rise on the index, ending the session 3.40% higher - an increase of 0.95 points to close at 28.90. Avax SA (AT:AVAr) added 2.87%, or 0.10 points, to finish at 3.58. Media group Alter Ego Media SA (AT:AEMr) rose 2.19%, or 0.12 points, to close at 5.59.
Lagging stocks
On the downside, Intralot Integrated Lottery Systems and Services SA (AT:BYLOTr) led losses, falling 3.11% - a decline of 0.04 points to end at 1.12. Cenergy Holdings SA (AT:CENEr) dropped 2.85% or 0.62 points to finish at 21.14, while Athens Water (AT:EYDr) declined 2.54% - down 0.32 points to 12.28.
Commodities and currency
Commodities traded with strength during the session. Gold futures for August delivery climbed 2.02%, or $81.10, to $4,086.80 a troy ounce. In the oil complex, crude for August delivery rose 1.31% - up $1.02 to $79.16 per barrel, while the September Brent contract gained 2.00% or $1.67 to $84.97 a barrel.
Foreign exchange movements included a stronger euro against the dollar, with EUR/USD up 0.59% to 1.14. EUR/GBP was essentially flat, changing by 0.09% to 0.85. The US Dollar Index Futures moved lower, down 0.52% at 100.51.
The session reflected a modest retreat in Greek equities set against notable gains in commodities and a softer dollar. Market breadth favored decliners, and sector-level weakness in Telecoms, Household and Basic Resources was a clear drag on the headline index.
Data snapshot
- Athens General Composite -0.16% at close
- Kri-Kri Milk (AT:KRIr) +3.40% to 28.90
- Avax SA (AT:AVAr) +2.87% to 3.58
- Alter Ego Media SA (AT:AEMr) +2.19% to 5.59
- Intralot (AT:BYLOTr) -3.11% to 1.12
- Cenergy (AT:CENEr) -2.85% to 21.14
- Athens Water (AT:EYDr) -2.54% to 12.28
- Gold (Aug) +2.02% to $4,086.80/oz
- Crude Oil (Aug) +1.31% to $79.16/bbl
- Brent (Sep) +2.00% to $84.97/bbl
- EUR/USD +0.59% to 1.14
- US Dollar Index Futures -0.52% at 100.51