Greek stocks closed lower on Tuesday, with the Athens General Composite finishing the session down 1.14% as sector weakness in Banking, Telecoms and Household names pushed the market lower.
Market breadth and movers
Decliners outpaced advancers on the Athens Stock Exchange by a substantial margin, with 84 stocks falling, 34 rising and 17 finishing unchanged.
Among the day’s strongest performers, Athens Water (AT:EYDr) climbed 4.47%, gaining 0.34 points to close at 7.94. Alumil (AT:ALMr) added 3.38%, or 0.22 points, ending the session at 6.72. Kri-Kri Milk (AT:KRIr) rose 3.10%, up 0.70 points to finish at 23.30.
On the downside, Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA) led losses, sliding 6.46% or 0.31 points to close at 4.41. Lavipharm SA (AT:LPHr) dropped 5.52%, a decrease of 0.08 points to 1.33, while Avax SA (AT:AVAr) fell 3.67% or 0.13 points to end the day at 3.29.
Notable highs and technical milestones
Two names recorded multi-year highs during the session. Shares of Athens Water (AT:EYDr) moved to three-year highs after the 4.47% advance that took the name to 7.94. Alumil (AT:ALMr) reached five-year highs following its 3.38% gain to 6.72.
Commodities and foreign exchange
Commodities markets saw declines on the session. Gold Futures for April delivery fell 3.20%, a drop of 161.29, to settle at $4,885.01 a troy ounce. Crude oil for April delivery slipped 1.39% or 0.87 to $61.88 a barrel, and the April Brent contract retreated 2.53%, down 1.74, to $66.91 a barrel.
In currency trading, EUR/USD was unchanged 0.38% to 1.18, while EUR/GBP rose 0.59% to 0.87. The US Dollar Index Futures was firmer, up 0.64% at 97.44.
Closing note
Overall, Tuesday’s session was defined by broad selling across key domestic sectors that outweighed gains in a limited set of stocks. Market participants watched commodity and currency moves alongside equity flows as the day concluded.