Greek banks ended just above the session low on Wednesday.
Political developments continue to determine the course of the market, as today’s meeting ended with the new Prime Minister and the composition of the interim government still unknown.
The drama of consultations between PASOK and New Democracy to build a unity government and the way it unfolded created unfavourable impression in Greece and abroad, refuelling uncertainty and concern about the current situation and future prospects of the country.
Meanwhile, there is great concern whether the new government would be able to carry out the difficult program.
On the board, the General Index ended with losses of 1.61% at 767.11 units, moving in red throughout the trading session, while intraday losses reached 3.23%.
On Wednesday, approximately 40.71 million units of total value €60.84 million traded, while a total amount of 79 shares declined, 66 rose and 130 remained unchanged.
Banks, which posted intraday losses of 6.25%, closed at 330.54 units with losses of 5.99%.
Only Coca Cola 3E ended in green across FTSE20, gaining 3.52%, while PPC remained unchanged at €5.75.
On the other hand, Alpha Bank and National Bank fell by 9.02% and 6.45%, while Piraeus Bank and Eurobank declined by 6.3% and 5.66% respectively. Mytilineos, Marfin Popular Bank and Folli Follie lost more than 5%, MIG and Ellaktor posted losses of 4.99% and 4.51% respectively.
Titan and OPAP fell by 3.73% and 2.77% respectively, while losses of Bank of Cyprus, Viohalco and ELPE exceeded 2%.
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