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Small but stable lead for buyers | TheGreekDeal.com
Athens Stock Exchange
Small but stable lead for buyers
Despite the unstable environment, the Athens Stock Exchange is making an attempt to keep a positive outlook. Today marks the third day in a row that buyers have led, laying the groundwork for a successful week.
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The Athens Stock Exchange continues its effort to maintain a positive outlook, with buyers in the lead for the third consecutive day, setting the stage for a profitable week, despite the volatile climate.

This development has contributed to the confirmation of the 1,400 supports, with the Greek market having broken above 1,430, boosted mainly by the improved environment abroad.

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 lifted short-term psychology.

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

In this context, the General Index is up slightly by 0.22% to 1,438.93 points, gaining three points compared to Thursday's close (1,435.81 points).

The arc of daily fluctuations extends to four points (from 1,436.56 to 1,440.67 points), with the turnover of transactions ranging at just 22 million euros, of which 1 million euros is for pre-agreed packages.

On the board, now, Helleniq Energy's shares stand out at +2.6% and return above 8 euros, while Ethniki records a 1% rise and recovers 8 euros. On the other hand, EpsilonNet loses around 2%, retreating again towards 12 euros, which is the takeover price from the main shareholders.

The upgrade from S&P is helping the banking index maintain positive territory. Thus, it marginally strengthens to +0.35% and 1,271 points.

The share of Ethniki expands to +0.96% and 8.024 euros, the share of Alpha follows at +0.37% and 1.63 euros, the share of Piraeus trades at +0.14% and 3.653 euros, and the share of Eurobank is unchanged at -0.05% and 2.117 euros.

In the high-cap index (+0.26% and 3,511 points), Helleniq Energy's share climbs +2.4% and 8.1 euros, with Sarantis' share soaring +2.7% and 11.3 euros. Beyond that, EYDAP and Autohellas gain around 1.5%, while shares of Motor Oil, OPAP and OTE gain 0.6% each. Ellaktor, Elvalhalcor and Aegean lose up to 0.7%.

As for the mid-cap index (-0.05% and 2,279 points), EpsilonNet's share slides -1.7% and 12.08 euros, "picking up" the difference compared to the market price of the main shareholders (12 euros). On the other hand, EYATH's share rises 1.6%, while shares of ADMIE, Profile, Ideal and PPA increase by 1%.

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