Without the expected "boom" from the mega deal at Terna Energy, today's session on the Athens Stock Exchange is evolving as the pressure on refining companies negatively affects investor psychology.
In any case, the news of the day is the agreement of Masdar Arabs for the majority stake in TenerG, which, in the long run, is expected to benefit not only the main shareholders but the whole market by strengthening the available liquidity.
Beyond that, investors' attention remains focused on MSCI, which will announce within the day whether or not the stock will be included in a watch list for a possible upgrade in developed markets in the next 12 to 24 months.
Against this backdrop, in today's session, the General Index declined slightly by 0.39% to 1,420.53 points, losing at least 5.5 points compared to Wednesday's close (1,426.20 points).
The arc of daily fluctuations extends to 15 points (from 1,419.11 to 1,434.66 points), with a turnover of 65 million euros, of which 3 million euros are pre-agreed packages.
The banking index, for its part, breaks its two-day upward streak and succumbs again to sellers, resulting in a -1.38% drop and 1,244 points.
Eurobank's share slides to -1.96% and 2.046 euros, National Bank's share is limited to -0.98% and 8.10 euros, Piraeus' share retracts to -1.26% and 3.518 euros; and Alpha Bank's share retreats to -1.49% and 1.521 euros.
In the high-cap index (-0.50% and 3,438 points), GEK TERNA's shares soar +1.9% and 16.9 euros, heading towards a new 24-year high. Terna Energy shares also show gains of 1%, climbing to EUR 19.3. PPC, Aegean and Titan Cement, meanwhile, are up at least 1%. On the flip side, Motor Oil's shares retreat by 4%, while Helleniq Energy's shares "fall" by 2.2% as a result of the refining tax.
As for the mid-cap index (-0.73% and 2,258 points), Intracom shares stand out negatively at -2.2% and EUR 3.20, with PPA and Austriacard shares retreating by at least 2%. Intrakat, Alumyl, EVATH and Thrace Plastics each lose at least 1%. On the other hand, shares of Techniki Olympias are up +1.2% and 2.4 euros. special mention should be made of Q&R, whose shares react at +5.4% amid a shift by major shareholders towards the option of issuing a bond issue instead of a bond issue.
