Greek Cypriot leader Nicos Anastasiades left the ceremonial gavel without a handle as he rang the closing bell at the New York Stock Exchange on Tuesday.

Anastasiades was expected to signal the end of stock transactions at 4 p.m. local time, when the handle of the gavel flew off after his second strike.

The malfunction was received with diplomatic smiles and good humor, as the event was broadcasted live.

The Greek Cypriot ministers of energy and transportation were also present at the event, which was organized by the Cypriot company Safe Bulkers Inc.

The gavel has been used for years to signal the end of the trading day in recognition of the 19^th century stock calls.