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Trying to stop four day losing streak | TheGreekDeal.com
Athens Stock Exchange
Trying to stop four day losing streak
The Athens Stock Exchange reacts, which puts a brake on the four-day negative streak, while buyers rush to take advantage of the technical oversold levels.
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The Athens Stock Exchange reacts, which puts a brake on the four-day negative streak, while buyers rush to take advantage of the technical oversold levels.

The improved international climate is undoubtedly helping to boost investor psychology, given that on Thursday the ECB is expected to proceed with the first European interest rate cut.

More specifically, in today's session, the General Index recorded a remarkable 0.95% increase to 1,445.42 points, gaining 13.5 points compared to Friday's close (1,431.84 points).

The banking index is in the focus of market attention, moving +1.36% and 1,258 points.

Alpha Bank's share expands +2.19% and 1,585 euros, Piraeus' share follows at +1.86% and 3,675 euros, National Bank's share trades +1.05% and 8,064 euros, while Eurobank's share rises +0.84% and 2,029 euros.

In the high-cap index (+1.21% and 3,495 points), OTE's share expands +1.8% and 13.6 euros, while shares of OPAP, PPC, Mytilineos, Aegean, Titan Cement, Quest and Helleniq Energy follow at least +1%. And Hellaktor's shares climb +2.1% and 2.59 euros, boosted by the approval of the capital return.

In the new week, the agenda includes the Annual General Meetings of Mytilineos (4/6) and Ideal Holdings (6/5), as well as the dividend payouts to Plastic Thrace (3/6), Karelias (3/6), Profile (4/6) and Attica Group (5/6). At the same time, the changes in the MSCI indices take effect today, with Athens International Airport and Optima Bank entering the MSCI Small Cap.

 

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