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Athens Stock Exchange
Nervousness prevails
The Athens Stock Exchange is moving cautiously upwards today (13/6), with buyers continuing to accumulate forces at the edges of 1,460 points.
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The Athens Stock Exchange is moving cautiously upwards today (13/6), with buyers continuing to accumulate forces at the edges of 1,460 points.

Pervasive nervousness and low investor interest remain dominant features, while traders avoid taking large and unnecessary risks.

At the same time, the market is also looking abroad, where the Federal Reserve has just announced a rate cut in 2024. And in Europe, political risk remains high on the agenda.

Against this backdrop, in today's session, the General Index is up slightly by 0.24% to 1,454.70 points, gaining 3.5 points compared to Wednesday's close (1,451.24 points).

The arc of the daily fluctuations extends over four points (from 1,453.94 to 1,457.35 points), with the turnover of the trading volume hovering at just 3 million in the first 15 minutes.

On the board, now, Terna Energy is making an effort for 19 euros, as all indications are that only the official announcements on the sale of the majority stake remain. Lamda Development, for its part, is gaining at least 2%, thanks to strong operating profitability in the first quarter.

The banking index continues to accumulate around 1,300 points, as it currently stands at +0.18% and 1,303 points, counting gains of more than 20% through 2024.

Eurobank shares are marginally up +0.19% at +0.19% and EUR 2,161, National Bank shares are up +0.17% and EUR 8.19, Piraeus shares are trading +0.16% and EUR 3,826, while Alpha Bank shares are down -0.12% and EUR 1,616.

In the high-cap index (+0.34% and 3,538 points), Lamda Development's shares expand by 2.1% and approach 6.8 euros, boosted by satisfactory quarterly figures. At the same time, Terna Energy shares exceed 19 euros and reach a new year high, while shares of OPAP, Motor Oil, Ellaktor, Elvalhalcor, and Titan follow at +0.8%.

As for the mid-cap index (+0.34% and 2,318 points), Intralot shares stand out positively at +1% and 1.14 euros, with Fourlis and Lavipharm shares gaining more than 1%. On the flip side, EYATH's shares are limited to -1.5% and 3.1 euros. Austriacard's share is also under renewed pressure, falling to EUR 5.8.

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