A build-up is observed today (12/12) on the Athens Stock Exchange, with investors making cautious investments around the 1,460 points.

Attention is focused on the European Central Bank, which at noon will, barring the unlikely event, proceed with a new interest rate cut -3th consecutive and a total of 4 since June. Meanwhile, Christine Lagarde will present her updated economic and inflation forecasts.

In this environment, the Greek market, despite the stagnation, manages to maintain the highs of the last 2.5 months, with the distance from the "tops" of 1,502 points at perfectly visible levels.

Specifically, in the 4th session of the week, the General Index shows a slight increase of 0.36% and stands at 1,462.92 points, gaining about 5.5 points compared to Wednesday's close (1,457.60 points).

The arc of daily fluctuations extends over eight points (from 1,456.86 to 1,464.07 points), with a turnover of 15 million euros, of which 11.7 million euros relate to pre-agreed packages. 

The banking index, which gains more than +12.2% in December, is accumulating strength at +0.23% and 1,293 points, awaiting the government's official decisions on commission cuts.

Piraeus shares are up +0.57% and EUR 3.872, NBG shares follow at +0.34% and EUR 7.756, Alpha shares trade +0.31% and EUR 1.62, while Eurobank shares fall -0.22% and EUR 2.23.

In the high-cap index (+0.39% and 3,568 points), the share of GEK Terna gains 1.4% and returns to 18.8 euros, very close to the 25-year highs of 18.9 euros. Shares of Ellaktor, Aegean, Jumbo are also up more than 1%. Beyond that, Helleniq Energy - Metlen - Titan expand by up to 0.8%. On the flip side, shares of PPC and Lamda fold by 0.5% and 0.8%, respectively.

As for the mid-cap index (+0.07% and 2,301 points), the shares of EXAE stand out at +1.3% and EUR 4.5, while Lavipharm's shares climb to +2.2% and EUR 0.76. On the other hand, Intrakat's shares slide to -1% and 4.7 euros. Optima Bank's shares also fall by 0.9%, dropping to 12.5 euros.