The Athens Stock Exchange had its best session of the last two weeks today (18/6), with buyers putting a brake on the downward streak and making a first reaction after the recent retracement.
In this way, the Greek market managed to "build" a minimum safety cushion from the critical supports of 1,400 points, which still constitute the main buffer before the 200 index (1,339 points).
Nevertheless, investment visibility remains limited, as the risk of political uncertainty in Europe will continue to remain high until the early parliamentary polls in France.
In any case, during today's session, the General Index posted a significant gain of 1.30% to close near the daily high of 1,422.32 points, gaining 18 points compared to Monday's close (1,404.11 points).
The arc of daily fluctuations was fixed at 15 points (from 1,407.20 to 1,423.05 points), with a trading turnover of 109.3 million euros, of which 17.2 million euros related to pre-agreed packages.
The banking index staged the first upward reaction after a streak of three negative sessions, resulting in a dynamic gain of +1.92% and 1,251 points.
National Bank shares climbed +3.24% and 8.10 euros, Piraeus shares expanded +1.39% and 3.565 euros, Alpha Bank shares traded +1.57% and 1.548 euros; and Eurobank shares followed at +0.98% and 2.054 euros.
In the high-cap index (+1.21% and 3,446 points), Hellaktor's shares soared +5.11% and 2.47 euros ahead of the 0.5 euro capital return, the cut-off of which is scheduled for July 22. At the same time, PPC and Titan Cement shares gained more than 3%, while Cenergy, Aegean and Autohellas closed up +2%. Helleniq Energy, Jumbo Elvalhalcor, EYDAP, Motor Oil, and Terna Energy gained more than 1%.
As for the mid-cap index (+0.91% and 2,272 points), ADMIE shares made a mini-rally of +3.7% and 2.20 euros, thanks to satisfactory quarterly results. Fourlis and AVAX gained 2.5% and 3%, respectively, with shares of Lavipharm, Intracom, PPA, and Thrace Plastics expanding more than 1%. On the flip side, shares of Techniki Olympiaki lost 1.6%, while shares of EYATH lost 1.3%.
