Water supply and sanitation in Greece
The marked rise in turnover at Tuesday?s ATHEX session came about mostly during the containment of the early gains posted in the wake of Monday?s Eurogroup, as the benchmark?s 4 percent morning gains proved no more than a flash in the pan. Trading volume started picking up during the day as the sellers resurfaced to create a mix of green and red on the stock chart.
Revelations about the major shortfall in December state revenues ? with a direct impact on the primary surplus ? and the cacophony of statements from election favorite SYRIZA candidates on the future of relations with the country?s creditors put an end on Wednesday to a series of gains for the Greek benchmark that had stretched to three sessions.
The return of deflation to the eurozone and continued talk about a possible Greek exit from the economic and monetary union inflicted fresh losses on local stocks on Wednesday, although these were contained to less than 1.5 percent for the benchmark ? from over 3.5 percent earlier in the day ? marking a new 26-month low.