The Athens Stock Exchange is showing signs of fatigue from the five-day upward series (+4.5% cumulative change).
However, the surprise upgrade by the German rating agency Scope, the two-day Capital Link investment conference in New York, and the positive sentiment abroad continue to provide support, keeping the General Index above 1,450 points.
With only 15 sessions remaining until the end of 2024, and this year's average return hovering at a minimum of +12%, it is highly likely that Athens will achieve its fourth consecutive profitable stock market season, barring an unlikely event.
Specifically, in the 1st session of the new week, the General Index is up a subtle 0.17% to 1,459.00 points, gaining 2.5 points compared to Friday's close (1,456.52 points).
The arc of daily fluctuations extends to nine points (from 1,450.68 to 1,459.91 points), with the turnover of transactions ranging at 4 million in the first 15 minutes.
NBG's share is up +0.62% and 7.5 euros, Eurobank's stock follows at +0.18% and 2.24 euros, Piraeus' share trades at +0.10% and 3.88 euros, while Alpha's stock is down -0.18% and 1.64 euros.
Attica Bank deserves special mention for continuing its ascent to +3.80% and 0.71 euros, with a valuation of over 1.1 billion euros for the fourth consecutive session.
In the high-cap index (+0.09% ca 3,555 points), Helleniq Energy shares expand +1.7% and recover 7 euros after Edison's acquisition of 50% of Elpedison for 164 + 31 million euros. Viohalco's shares also gain more than 2.4%, returning to 5.5 euros. Lamda Development, Aegean, GEK Terna and Hellaktor follow up to +0.9%. On the other hand, shares of OPAP and Coca-Cola retracted by 0.7%.
As for the mid-cap index (+0.13% and 2,301 points), Kri-Kri shares stand out at +1.9% and 15.5 euros, remaining at historic highs, with shares of Techniki Olympiaki and Lavipharm following at +1.7% and +2.3%, respectively. AVAX, Intracom and Thrace Plastics are up 0.7%. On the other hand, Fourlis shares retreat to -1% and EUR 3.70.