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Athens Stock Exchange
Without a clear direction
The Athens Stock Exchange is moving without a clear direction today (10/12), while investors are engaging in selective placements, with no shortage of liquidation moves.
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The Athens Stock Exchange is moving without a clear direction today (10/12), while investors are engaging in selective placements, with no shortage of liquidation moves.

Besides, let's not forget that the Greek market is coming off a streak of six consecutive up sessions, counting gains of more than +5.1% in December and improving the cumulative 2024 return to +13%.

Somehow, some sellers are choosing to digest the gains, temporarily halting Athens' convergence path to this year's record highs of 1,502 (13-year highs), which have been ignored since mid-May.

Specifically, in the second session of the week, the General Index declined imperceptibly by 0.08% to 1,463.80 points, losing one point compared to Monday's close (1,464.96 points).

The arc of daily fluctuations extends to seven points (from 1,461.67 to 1,468.22 points), with a turnover of 62 million euros, of which 11.5 million euros are pre-agreed packages.

On the board, now, Piraeus - Eurobank - Alpha are consolidating their strong December gains, retreating by at least 1%. On the other hand, Jumbo strengthens by at least 2%, while Intralot, amidst the scenarios for the next day, tries to exceed 1 euro.

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