The Athens Stock Exchange is tentatively attempting to return to positive territory, with investors engaging in selective investments without taking big risks.
Besides, political uncertainty in France, concerns about US tariffs, and the Wall Street holiday do not allow traders to make "brave" moves, contenting themselves with consolidating the Greek market in the 1,400-unit area.
It is clear, moreover, that the climate in Athens is not particularly favourable for buyers, who are looking forward to a festive rally in order to improve 2024 yields. Recall that at the moment the average return this year is +8.5%.
Specifically, in the penultimate session of November, the General Index is up marginally by 0.14% to 1,406.87 points, gaining three points compared to Wednesday's close (1,403.63 points).
The arc of the daily fluctuations extends to four points (from 1,404.76 to 1,408.79 points), with the turnover of the transactions ranging at 3 million euros in the first 15 minutes.
The banking index, as mentioned above, is attempting to put yesterday's plunge behind it, and as a result is up +0.41% at 1,172 points. However, the distance from this year's "peaks" remains close to -14%.
Alpha's shares widen to +1.34% and 1.51 euros, G's shares follow at +0.91% and 6.868 euros, Piraeus' shares trade at +0.86% and 3.53 euros, while Eurobank's shares fall to -0.54% and 2.025 euros.
In the high-cap index (+0.10% and 3,396 points), the shares of the two refiners, namely Motor Oil and Helleniq Energy, expand by at least 1%. GEK TERNA's share, meanwhile, rises +0.4% and 18.5 euros, climbing to a new 24-year high in anticipation of the transfer of the majority stake in TenerG to Masdar (it holds 37.9%). The positive trend continues for Ellaktor's share, which recovers +0.9% and 1.78 euros. On the flip side, EYDAP and Lamda retreat by up to 0.5%.
As for the mid-cap index (-0.03% and 2,246 points), Intralot's share continues its uncertain course, as it is currently trading at -0.54% and 0.91 euro. Lavipharm and Profile, meanwhile, are sliding controllably by 0.8% and 0.5%, respectively. On the other hand, the shares of EXAE gain 0.8% and approach 4.5 euros. Dimand and PPA shares follow at +0.5%, with the latter within touching distance of recent 16-year highs (EUR 31).
