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Strong losses in the shadow of global liquidations | TheGreekDeal.com
Athens Stock Exchange
Strong losses in the shadow of global liquidations
Sellers completely dominate the board of the Athens Stock Exchange after the mini-sell-off triggered globally by the worrying macroeconomic data yesterday in the US.
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Sellers completely dominate the board of Athens Stock Exchange after the mini-sell-off triggered globally by the worrying macroeconomic data yesterday in the US.

Specifically, the General Index is trading at 1,445.9 points, down 1.9%, with turnover at 25 million euros and 6 million shares traded.

The banking index leads the decline with -2.7% to 1,271 points, the FTSE loses 2.1%, retreating to 3,526 points, as does the mid-cap FTSEM at 2,265 points, down -1.5%.

Something that overshadowed the strong results Alpha Bank announced before the opening with a 22% increase in profitability and an upgrade in guidance.

An indicator of the sentiment is that not a single stock in the large-cap space is moving into positive territory, with the broader ratio of the session being 87 down shares versus just 16 up.

Among the most pressured banks, NBG and Eurobank are down around 2.2%, Piraeus is down 3.1%, and Alpha is down 3.6%.

OPAP and Metlen are trading around -1.3%, OTE is down 2.2%, Motor Oil and GEK Terna are at -1.9%, PPC is at -1.65% and Jumbo is at -1.5%.

Terna Energy, ELPE, and Sarantis are the only stocks in the top 25 that are attempting some "defenses," limiting losses to less than 1%.

On the contrary, with losses of more than 2%, there are also Autohellas, Cenergy, Elvalhalcor, and Coca-Cola.

In the lower strata, Unibios bucks the mood of the day by gaining 2% and Dimand moves +0.3%, among the few stocks that show a positive sign

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