The Greek Deal.com
Marginal gains | TheGreekDeal.com
Athens Stock Exchange
Marginal gains
Today, 25/6, the Athens Stock Exchange is exhibiting slight fluctuations. Additionally, the investment climate is being impacted by the termination of the dividend rights of ten listed companies, in conjunction with the impending French parliamentary elections.
Newsroom
TIME TO READ
1 min

The Athens Stock Exchange is experiencing marginal fluctuations today (25/6), while the cut-off of the dividend rights of 10 listed companies is affecting the investment climate, in combination with the upcoming parliamentary elections in France.

Without the dividend/return of capital rights, shares of OPAP, Titan Cement, Viohalco, Cenergy, Elvalhalcor, Quest, AXAE, Intracom, Optima, and Intercontinental are traded. Tomorrow, it is the turn of Metlen, Motor Oil, and Fourlis.

Time is ticking away until the pivotal first round of early parliamentary elections in France, where all of Europe is waiting to see the outcome, which will mark the culmination of political developments, takes place on Sunday.

Against this backdrop, in today's session, the General Index is down a subtle 0.15% to 1,421.90 points, losing two points compared to Friday's close (1,424.04 points).

The arc of the daily fluctuations extends to four points (from 1,419.17 to 1,423.90 points), with the turnover of the transactions ranging at 5.5 million in the first 15 minutes.

Piraeus share retracts -1.10% and 3.425 euros (5-month low), Alpha Bank share retreats -0.23% and 1.498 euros, National Bank share trades +0.52% and 8.062 euros, while Eurobank share strengthens +1.19% and 2.125 euros.

In the high-cap index (+0.08% and 3,456 points), Titan Cement's shares tumble to -4.2% and 29.3 euros, with Jumbo and Aegean shares losing around 2% each. Autohellas, Lamda, Helleniq Energy and ElvalHalcor are down by almost 1%, while Motor Oil's shares, which today vest in the EUR 1.4 dividend, soar to +2.2% and EUR 24.8. OPAP shares, at the same time, despite today's cut, gain 0.9%, with Coca - Cola shares returning over 32 euros.

As for the mid-cap index (-0.10% and 2,270 points), the shares of HSE stand out negatively at -3.8% and 4.6 euros, which are year lows. Epsilon and Intracom retreat more than 2%, while Dimand, Ideal and PPA shares lose 1% each. On the flip side, Optima Bank's shares soar +3% and hit a new all-time high. Special mention should be made of Intercontinental, which sinks into limit down due to the cut of the large dividend (yielding 46%).

READ ALSO