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Athens Stock Exchange
Third consecutive decline
Today, 17/6, marked the end of the third straight negative session on the Athens Stock Exchange. Sellers held onto the "reins," which caused the General Index to drop to a new two-month low.
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The Athens Stock Exchange completed the third consecutive negative session today (17/6), with sellers maintaining the "reins", leading the General Index to a new two-month low.

Indeed, intra-day, the Greek market was below the psychological threshold of 1,400 points, which caused an immediate reaction from buyers, who prevented (for now) the loss of critical levels.

In any case, however, the political uncertainty in France continues to cause jitters in Athens, which is finding it difficult to self-regulate and diversify, despite the positive news at the listed level.

More specifically, during today's session, the General Index recorded a new 0.20% decline to 1,404.11 points, losing almost three points compared to Friday's close (1,406.91 points).

The banking index came under pressure, ending -1.03% and 1,228 points, 9% off this year's highs.

Piraeus shares slipped -2.33% and EUR 3,516, Alpha Bank shares narrowed to -1.04% and EUR 1,524, Eurobank shares closed down -0.64% and EUR 2,034, while National Bank shares fell -0.56% and EUR 7,846.

In the high-cap index (-0.17% and 3,405 points), Titan Cement's shares contracted -2.3% and 29 euros, with Aegean and Elvalhalcor shares losing 1.5% and 1%, respectively. On the flip side, Lamda Development's shares soared +3.3% and 6.7 euros, thanks to the acquisition of a 2% stake by shipowner George Prokopiou. The shares of Mytilineos - Jumbo also posted gains of around 1.5%.

As for the mid-cap index (-0.01% and 2,251 points), Intracom Holdings' share stood out negatively at -1.6% and 3.2 euros, with Intralot's share following at -1.2% and 1.10 euros. Beyond that, shares of Lavipharm and Profile contracted more than 2%. In contrast, Intrakat and Ideal expanded by 2.8% and 2.3%, respectively, with the former returning over 5 euros. Austriacard and Aluminum closed at +1%.

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