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Small changes for the General Index, which failed to recover the 1,450 points | TheGreekDeal.com
Athens Stock Exchange
Small changes for the General Index, which failed to recover the 1,450 points
In a session marked by high volatility and low risk, the buyers' victory on the Athens Stock Exchange turned out to be a Pyrrhic one, as opposing forces prevented the recovery of 1,450 points.
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The victory of the buyers on the Athens Stock Exchange proved to be a Pyrrhic one, as the countervailing forces did not allow the recovery of 1,450 points, in a session of high volatility and low risk.

Although US inflation "braked" to 3% in June, boosting overseas markets, Athens failed to follow, due to pressure on selective stocks.

On the other hand, however, the X.A. did not lose its... composure, as it found the necessary supports to keep the positive sign and maintain the safety distance from the critical supports of 1,400 points.

In this context, the General Index recorded a marginal increase of 0.11% to 1,445.91 points, gaining just 1.5 points compared to Wednesday's close (1,444.31 points).

The arc of daily fluctuations was fixed at eight points (from 1,442.68 to 1,450.58 points), with a turnover of 85 million euros, of which 6 million euros were pre-agreed packages.

On the board, now, Jumbo shares have slipped by at least 4%, after revising this year's profitability forecasts to the lower range of estimates (8%). On the other hand, Ethniki and OPAP supported the market, gaining 1.5% and 2.4%, respectively, while Lamda Development "flew" to +4.5%.

The banking index returned to positive territory, ending +0.63% and 1,266 points, narrowing the gap from recent highs to -6%.

NBG shares rose +1.58% and 7.984 euros, Piraeus shares followed at +0.55% and 3.67 euros, Eurobank shares traded +0.29% and 2.075 euros, while Alpha Bank shares were unchanged at 1.64 euros.

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