The Athens Stock Exchange is showing signs of fatigue from its multi-day upward streak, which is already counting 6×6 positive closes, with cumulative gains of 5.1%.
However, despite the reasonable desire to assimilate the gains, the Greek market remains firmly above 1,460 points, the highest level in the last 2.5 months, having a discreet distance from this year's "peaks".
All this while Athens' average yield within 2024 stands at +13%, setting the stage for a 4th consecutive profitable year - unless something changes dramatically in the remaining sessions of the year.
Specifically, on day 2 of the week, the General Index is down a subtle 0.04% to 1,464.38, losing half a point from Monday's close (1,464.96).
The arc of daily fluctuations spans four points (from 1,461.67 to 1,465.26 points), with the turnover of transactions amounting to 4.7 million euros in the first 15 minutes.
The banking index, which has "run" at a +13.2% pace in the previous six sessions, is rushing to digest the gains, with the result that it is down -0.52% at 1,295 points.
Alpha's shares are limited to -0.61% and €1.6385, Piraeus' shares follow at -0.31% and €3.907, Eurobank's shares trade at -0.30% and €2.243, while ΝΒG shares fall to -0.54% and €7.704.