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Athens Stock Exchange
Wants to maintain momentum
As investors maintain their leading positions, the Athens Stock Exchange hopes to sustain the upward reaction, which supports the 1,400 support levels.
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The Athens Stock Exchange wants to continue the upward reaction, with investors remaining in a leading position, which contributes to the confirmation of the 1,400 support levels.

The election result in the UK and the expectation of as small a victory as possible for Le Pen in the second round of the French parliamentary elections have undoubtedly improved short-term psychology.

However, it is clear that investment visibility remains low. On the positive side, however, we can add the new upgrade of Greek banks, this time by S&P.

Against this backdrop, the General Index is up slightly by 0.25% to 1,439.47 points, gaining 3.5 points compared to Thursday's close.

The arc of daily fluctuations extends over four points (from 1,436.56 to 1,440.52 points), with trading turnover of just 3 million in the first 20 minutes.

On the board, now, Helleniq Energy's share returns above 8 euros, while banks register a slight rise, maintaining the positive sign. On the other hand, EpsilonNet loses 2%, retreating again towards 12 euros, which is the same as the takeover price from the main shareholders.

Piraeus share expands to +0.55% and 3.668 euros, Eurobank share follows at +0.33% and 2.125 euros, Alpha Bank share trades at +0.25% and 1.628 euros, while National Bank share is limited to -0.38% and 7.918 euros.

In the large-cap index (+0.27% and 3,511 points), Helleniq Energy's shares climb +1.1% and 8 euros, with Autohellas, Sarantis, EYDAP, Motor Oil and Cenergy gaining at least 1%. At +0.5% is followed by OTE shares, which yesterday cut its dividend entitlement.

As for the mid-cap index (+0.29% and 2,287 points), EpsilonNet's share slides -2.1% and 12.04 euros, "picking up" the difference compared to the market price of the main shareholders (12 euros). On the other hand, EYATH's share rises by 2%, while Profile, EXAE and PPA shares gain 1% each.

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