The positive two-day streak was "broken" by sellers on the Athens Stock Exchange, with investors engaging in new liquidations—this time completely controlled—which was reflected in the comfortable defense of the moving average of the last 200 days (1,375 points).
On the other hand, however, the Greek market moved back away from the psychological limits of 1,400 points, despite the fact that Wall Street's bullish opening "trimmed" the intra-day losses, which temporarily reached more than 1.3%.
It is clear that the generalised volatility and widespread fear continue to affect international stock markets, including Athens, which, in the absence of domestic catalysts, is becoming a prisoner of foreign capital allocation.
More specifically, during the fourth session of the week, the General Index recorded a controlled decline of 0.85% to 1,382.46 points, losing about 12 points compared to Wednesday's close (1,394.29 points).
The arc of daily fluctuations was fixed at 13 points (from 1,375.27 to 1,388.86 points), with a turnover of 98 million euros, of which 6.6 million euros related to pre-agreed packages.
On the board, Jumbo slumped more than 5% and sank to 15-month lows after downward revision of 2024 guidance. Ethniki, Alpha, OTE and PPC also fell by 1.5%, while OPAP continued its upward trend, surpassing EUR 15.6.
The banking index, which was losing up to 2% intraday, finally closed at -0.62% and 1,191 points, forming a -10.7% gap from this year's peaks.
ΝΒG shares narrowed to -1.48% and 7.32 euros, Alpha Bank shares fell -1.65% and 1.549 euros, Piraeus shares finished -0.53% and 3.72 euros, while Eurobank shares rose +0.61% and 1.9915 euros.
In the high-cap index (-0.88% and 3,364 points), Jumbo shares were at the centre of the pressure, falling -5.3% and retreating to 22 euros (15-month low), due to the downward revision of this year's sales estimates (+3% from +8% previously). AIA Motor Oil shares also lost more than 2%, while the decline was set at least at -1% for OTE, Ellaktor, PPC, Sarantis, Aegean, Viohalco, Titan, Helleniq Energy, and Autohellas. In contrast, GEK TERNA returned above EUR17 (+0.9%), with Elvalhalcor and OPAP gaining at least 1%.
As for the mid-cap index (+0.22% and 2,199 points), EXAE shares stood out negatively at -20% and 4.4 euros, while Dimand, Lavipharm and Intracom shares lost between 1% and 2%. On the flip side, Optima Bank shares reacted at +1.9% and 11.6 euros. Austriacard, Fourlis, Ideal and Intrakat, for their part, rose by at least 1%.