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Trying to move away from 1,400 points | TheGreekDeal.com
Athens Stock Exchange
Trying to move away from 1,400 points
Today, the Athens Stock Exchange is attempting once again to move away from the 1,400 support level, even though everyone's attention is on the approaching elections in France and the UK.
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The Athens Stock Exchange is making a new effort to move away from the 1,400 support level today (3/7), while everyone's attention is focused on the upcoming elections in France and the United Kingdom.

With domestic catalysts absent, the trend in the Greek market is largely dependent on the mood of investors abroad, who have understandably focused mainly on the political factor and the risk of uncertainty.

And Athens may be moving into positive territory, but it is clear that there is a dearth of convincing buy orders, given that trading turnover is more reminiscent of... August.

Against this backdrop, the General Index is up mildly by 0.80% to 1,418.28 points, gaining 11 points from Tuesday's close (1,407.03 points).

The arc of daily fluctuations extends to seven points (from 1,414.89 to 1,421.04 points), with trading turnover hovering at 6 million in the first 30 minutes.

On the board, Metlen is now dynamically strengthening above 36 euros, while Piraeus and Ethniki are recovering by at least 1.5% after yesterday's losses. Motor Oil and Helleniq Energy, on the other hand, are expanding by about 1%, while Revoil shares continue their frantic rally.

The banking index, after the volatility of the previous days, tries to gain +1.12% and 1,243 points.

The Piraeus share expands +1.68% and 3.577 euros, the National Bank share rises +1.33% and 7.80 euros, the Alpha Bank share trades +1.15% and 1.578 euros, while the Eurobank share follows at +0.87% and 2.088 euros.

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