The Athens Stock Exchange fell into negative territory today (27/1), with investors being affected by the Wall Street tech selloff and not taking additional risk.

This situation understandably had an adverse effect on Athens, which, however, showed remarkable composure, avoiding excesses, defending its January gains, and remaining on a convergence track with the next target of 1,550 points.

Specifically, in the first session of the new week, the General Index recorded a controlled decline of -0.28% to 1,539.88 points, losing about 4.5 points compared to Friday's close (1,544.13 points).

The arc of daily fluctuations was fixed at 15 points (from 1,528.88 to 1,543.33 points), with a turnover of 114.8 million euros, of which 7.2 million euros related to pre-agreed packages. 

The banking index, despite intra-day losses, managed to close in marginally positive territory, as it was +0.08% and 1,419 points (9-year highs).

Alpha shares flew +2.47% and EUR 1.787, Piraeus shares followed at +0.95% and EUR 4.468, Eurobank shares traded -0.62% and EUR 2.41, while NBG shares fell -1.10% and EUR 8.426.

In the high-cap index (-0.20% and 3,755 points), Cenergy's shares contracted -2.8% and 9.6 euros, with Metlen, Viohalco, Aegean, GEK Terna, ELVALHALKOR and Motor Oil sliding at least -1%. At the same time, PPC shares, after hitting 15-year highs of EUR 13, retreated in a controlled manner to -0.3% and EUR 12.9. On the flip side, Sarantis and Coca-Cola shares rose +0.7% and +0.5%, respectively.

As for the mid-cap index (-0.32% and 2,471 points), shares of Intracom and Intralot stood out negatively around -2%, while shares of Kri Kri and Profile were down by at least -1.5%. Noval, ADMIE, Trade Estates and Dimand lost 0.8% each. Aktor's shares, after oversubscribing to the €200 million AMK, moved -0.3% and €5.2. In contrast, AVAX shares soared +5.4% and EUR 1.95, hitting a new 11-year high.