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Cautious moves after the sell-off, pressure on banks | TheGreekDeal.com
Athens Stock Exchange
Cautious moves after the sell-off, pressure on banks
After the massive losses of the previous week, which caused the General Index to drop more than 6% from its recent highs of 1,502 points, the Athens Stock Exchange is waiting for a first response.
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The Athens Stock Exchange is looking for a first reaction after the significant losses of the previous week, which have brought the General Index at a distance of more than 6% compared to the recent highs of 1,502 points.

The climate of nervousness and uncertainty prevailing in Europe, due to the political developments in France, is the main "wound" for the Greek market, which is unable to self-regulate and absorb the exogenous shocks.

More specifically, in today's session, the General Index is up slightly by 0.44% to 1,413.08 points, gaining six points compared to Friday's close (1,406.91 points).

The arc of daily fluctuations extends to seven points (from 1,412.29 to 1,419.49 points), with the turnover of transactions ranging at 4.5 million in the first 20 minutes.

National Bank shares are up +0.38% and 7.92 euros, Piraeus shares follow at +0.14% and 3.604 euros, Eurobank shares are trading +0.39% and 2.055 euros; and Alpha Bank shares are down -0.26% and 1.536 euros.

PICTURE ON BOARD

In the high-cap index (+0.45% and 3,426 points), Motor Oil shares are up +1.5% and 24.7 euros, with EYDAP and Quest shares rising dynamically by more than 1%. At the same time, the shares of Coca - Cola, Jumbo and Titan Cement expand by around 1%. On the flip side, PPC shares remain below 11 euros, falling 0.3%.

As for the mid-cap index (+0.50% and 2,263 points), Kri - Kri shares stand out at +2.3% and 10.7 euros, with Alumyl and ADMIE shares following at +1.5% and +1%, respectively. On the other hand, Intralot's shares are limited to -1.2% and EUR 1.10, while Profile - Lavipharm shares are also down 1%.

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