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Stagnation prevails today | TheGreekDeal.com
Athens Stock Exchange
Stagnation prevails today
As a result of the European interest rate cut and in light of the GDP data, investors are not taking on additional risk, and today (7/6) the Athens Stock Exchange remains stagnant.
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Stagnation prevails today (7/6) on the Athens Stock Exchange, with investors not taking additional risk in the wake of the European interest rate cut and in view of the GDP data.

Somehow, the Greek market remains in the region of 1,450 points, with the distance from the peaks of 1,502 points maintained at -3.5%, as liquidations have been temporarily (?) halted.

More specifically, in today's session, the General Index is down a subtle 0.08% to 1,451.71 points, losing just one point compared to Thursday's close (1,452.85 points).

The arc of the daily fluctuations extends over five points (from 1,451.63 to 1,456.75 points), with the turnover of the transactions ranging at 3 million euros in the first 20 minutes.

On the board, now, bank shares are rushing to absorb the two-day gains (more than +3%), showing marginal changes. Beyond that, Terna Energy and Mytilineos continue upward, but at a milder pace.

The share of National Bank rises +0.62% and 8.076 euros, the share of Piraeus follows at +0.18% and 3.792 euros, the share of Eurobank trades +0.1% and 2.082 euros; and the share of Alpha Bank retreats -0.19% and 1.5905 euros.

In the high-cap index (+0.06% and 3,522 points), Mytilineos shares gain 0.4% and recover 37 euros after the intention to enter the British electricity market. Terna Energy, Aegean and GEK TERNA are up more than 0.5%, with Autohellas shares recovering 1.4%. On the flip side, shares of Coca - Cola, Helleniq Energy and Motor Oil are down up to 1%.

As for the mid-cap index (+0.17% and 2,344 points), Intrakat shares stand out negatively at -1.1% and 5.1 euros, with Premia and ADMIE shares losing 0.5% each. Conversely, Intracom Holdings' shares gain 0.7%, as do shares of Thrace Plastics, Kri Kri, Profile and Techniki Olympiaki follow up to +0.5%.

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