Stock prices on the Euronext Athens exchange opened lower today, with the benchmark index slipping below the 2,500-point level. The General Index currently trades around 2,480 points.
The banking sector index is leading losses, down more than 2%. Total trading value has already surpassed €47 million.
Among large-cap stocks, ELPE, Motor Oil, and Allwy posted the strongest gains. In contrast, the largest declines were seen in shares of Eurobank, Piraeus Bank, Alpha Bank, Aegean Airlines, and National Bank of Greece.
Across the board, 22 stocks rose, 76 declined, and 11 remained unchanged.
European Markets Also Retreat
European equity markets are also trading lower amid escalating tensions between the U.S. and Iran and a fresh surge in global oil prices. Indices in France and Spain are down nearly 1%, while Frankfurt and London are each off by about 0.5%.