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Returned above 1,400 points, despite -3% in Motor Oil | TheGreekDeal.com
Athens Stock Exchange
Returned above 1,400 points, despite -3% in Motor Oil
The Athens Stock Exchange returned above 1,400 points today (13/8), for the first time since August 1, with buyers beating sellers almost to the limit and regaining an important milestone.
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The Athens Stock Exchange returned above 1,400 points today (13/8), for the first time since August 1, with buyers beating sellers almost to the limit and regaining an important milestone.

In this way, the Greek market, albeit with difficulty, continued the effort to recover recent losses, which have now been "trimmed" to -5% since the beginning of August.

Of course, we must not forget that challenges remain on the table, which maintains the caution and low predictability not only of the Greek but also of the international stock markets.

More specifically, in the second session of the week, the General Index recorded a slight increase of 0.36% to 1,403.17 points, gaining almost five points compared to Monday's close (1,398.20 points).

Motor Oil's share was the most pressured, finishing at 21.02 euros with -3.67% on transactions worth 12.78 million euros, but far from the daily lows (20.62 euros with -3.2%).

On the contrary, Titan (894k shares) registered a small decline of 0.16% to EUR 30.45.

The market was boosted by Cenergy (1.8 mm) with +2.22% at 9.680 euros, with parent company Biohalco (419 mm) close behind at 5.55 euros with +1.83%, while the other of the group Elvalhalcor (177 mm) posted a small gain of 0.34% at 1.746 euros.

Three of the four systemic banks showed upward trends, with Piraeus standing out both with a turnover of 10.8 million (the vast majority on the board - just 389 thousand in one package) and with +1.78% that took it to 3.898 euros.

ΝΒG (6.8m) gained 1.33% to 7.61 euros, as did Alpha (5.5m) with +1.29% to 1.57 euros, while in contrast to the mood of the day, Eurobank (6m) fell to 2 euros with -0.94%.

PPC (4.8m) after a cautious start (up -1.04%) changed course sharply and closed up 1.31% at 11.64 euros, continuing its recovery after the global sell-off (up 11.28% now since last Tuesday).

Similarly, Jumbo (4.2m) moved up for a second day with +0.9% at 22.5 euros, OPAP (2.4m) gained 1.22% to 15.72 euros and "heavy" Coca-Cola closed up +1.01% at 31.96 euros but with a turnover of just 31k euros.

On the other hand, in the focus of sellers' movements beyond Motor Oil was Metlen (3.9 mn) with -1% at 33.68 euros, as well as Aegean (361 mn) with -1.2% at 10.6 euros.

In the lower layers, Kri Kri continued with a new jump of 2.59% to EUR 11.9 and a turnover of EUR 625k and Optima (251k) returned above EUR 12 (at 12.12) with +1.17%

The best performance in the Main Market was Kloukinas-Lappas, with a jump of 5.84% and a turnover of 37 thousand euros.

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