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Closed positely but with subtle gains | TheGreekDeal.com
Athens Stock Exchange
Closed positely but with subtle gains
The Athens Stock Exchange ran out of strength, with the buyers beating the sellers, keeping the Greek market in the region of 1,380 points and bidding farewell to the week with a cumulative decline of almost -3.3%.
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The Athens Stock Exchange ran out of strength, with the buyers beating the sellers, keeping the Greek market in the region of 1,380 points and bidding farewell to the week with a cumulative decline of almost -3.3%.

The General Index, despite the reaction on Tuesday and Wednesday, failed to recover Monday's large liquidations (-6.27%), which reversed the previously positive sentiment and led to the loss of 1,400 points.

Thus, the investment community is heading towards the heart of August, with the domestic stock market looking for its footing in an international environment of high uncertainty and low predictability, which does not let Athens breathe.

As for today's session, the General Index rose marginally by 0.06% to 1,383.31 points, gaining less than one point compared to Thursday's close (1,382.46 points).

The arc of daily fluctuations was fixed at 12 points (from 1,382.85 to 1,394.64 points), with a turnover of 74 million euros, of which 6.4 million euros related to pre-agreed packages.

On the board, now, PPC shares gained 1.5% and maintained for the 4th consecutive day above 11 euros. At the same time, Jumbo's share sank to new 15-month lows, which has lost a value of more than 1 billion euros in the last 3 months (from its historic highs in early May).

The banking index, despite the satisfactory morning gains, gradually "slowed down", ending at +0.28% and 1,212 points.

ΝΒG shares gained +0.82% and 7.38 euros, Piraeus shares followed at +0.65% and 3.744 euros, Eurobank shares were almost unchanged at 1.98 euros (-0.15%); and Alpha shares declined -0.52% and 1.541 euros.

In the high-cap index (+0.04% and 3,365 points), PPC shares gained +1.55% and 11.1 euros, erasing last Monday's -6.44% gain. Sarantis shares jumped 4.2%, returning to 10.8 euros, while Autohellas shares rose +1.7% and 11.4 euros. On the flip side, Jumbo shares slid to a new 15-month low, falling to EUR 21.6. Elvalhalcor and Motor Oil, meanwhile, declined by 1.4% and 1.8%, respectively.

As for the mid-cap index (+0.00% and 2,199 points), AVAX shares stood out positively at +3% and 1.37 euros, with shares of Ideal, Intracom Holdings, and Kri-Kri expanding by 1.5% to 2.2%. Conversely, shares of Fourlis, Lavipharm, Intralot and PPA declined by 1.3% to 1.9%.

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