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Towards 1,500 points | TheGreekDeal.com
Athens Stock Exchange
Towards 1,500 points
Today (27/5), the Athens Stock Exchange is in steady positive territory as a result of investors making thoughtful purchases that have helped the market close to 1,500 points.
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The Athens Stock Exchange is in stable positive territory today (27/5), with investors engaging in selective buying, bridging the distance from 1,500 points.

Showing signs of a reaction from last week's mini-correction, the Greek market is attempting to return near the recent 13-year highs, fueled by healthy fundamentals.

On the other hand, of course, it is clear that time is needed to complete the required assimilation of the gains, which is reflected in the high volatility of the last few days.

More specifically, in today's session, the General Index is up slightly by 0.54% to 1,485.69 points, gaining about eight points compared to Friday's close (1,488.87 points).

The banking index "pulls out" a reaction after the recent retracement of the 8-year highs, resulting in a +0.84% move to 1,315 points.

Piraeus shares are up +0.84% and 3.866 euros, Alpha Bank shares follow at +0.41% and 1.707 euros, Eurobank shares are trading +1.15% and 2.105 euros; and National Bank shares are up +0.84% and 8.366 euros.

In the high-cap index (+0.86% and 3,611 points), OTE's share expands by at least 2% and returns to 14 euros. At the same time, the shares of Coca-CCola, Sarantis, PPC, EYDAP, and Motor Oil are up by more than 1%. Mytilineos shares recover +1.5% and 37.5, as from tomorrow they will have a new weighting in the FTSE Russell indices. On the flip side, shares of Quest and Viohalco retracted by 0.9%.

As for the mid-cap index (+0.16% and 2,370 points), the shares of HSE stand out at +1% and 5.2 euros, as the first quarter figures are expected today. Intracom Holdings and Techniki Olympiaki are up more than 2%, while EYDAP shares retreat by 1.2% and slide to 3.1 euros. Lavipharm and Profile are also down 1.5%.

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