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Athens Stock Exchange
Volatility prevails
The Athens market is experiencing extremely low tones against the backdrop of the Wall Street holiday, with buyers taking the lead and experiencing marginal fluctuations that counteract the pressure of OTE.
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Marginal fluctuations and a lead from the buyers that compensates for the pressure of OTE are the picture in the Athens market, in a session of extremely low tones against the background of the Wall Street holiday.

Specifically, the General Index is at 1,427 points with a slight increase of 0.25%, having moved within a narrow range of just 9.1 points. Trading is being done in dribs and drabs, with turnover at just 28 million midway through the day, with no packages and volume at 7.3 million pieces.

The banking index is up 0.6% at 1,250 points, the FTSE is up 0.28% at 3,474 points, and the mid-cap FTSEM is up 0.33% at 2,262 points.

However, as the day so far shows, investors have taken a "holiday," with turnover moving to even lower levels than the last two days, which was largely expected given that Wall Street will be closed for the US Independence Day holiday.

As mentioned above, OTE is weighing on the board as of this morning with -3.4% due to dividends, but in the overall picture, buyers are holding steady and with a big lead, with 78 stocks moving up versus 46 down.

Banks are mostly bullish, with Piraeus up +1.2%, NBG up +1.3%, and Eurobank up +0.9%, while Alpha struggles to follow at -0.25%.

At the top of the FTSE is Ellaktor with gains of over 2%, with defensive Lamda, EYDADP, and Autohellas all up over 1%, as is Aegean at +1.2%. ELPE stands out with a high turnover of over 1.5 million at +0.8%, while Motor Oil has also made more than 1.5% but on a lower note at +0.5%.

Beyond OTE, Terna Energy and Elvalhalcor are moving with small losses in the 0.5% range.

In the mid-cap sector, Intralot is rallying strongly by 4.5% with the third largest turnover of the day of more than 2 million euros, while Optima, on the other hand, is losing 2%.

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