The Athens Stock Exchange put a stop to its six-session uptrend today (20/8), as reasonable market fatigue favored the return of sellers in a low-tempo environment.
The wait-and-see attitude abroad, where everyone is waiting for the Jackson Hole banking conference and the Fed chief's comments on the path of interest rates, certainly did not help maintain the positive momentum.
Nonetheless, no one can deny the comeback of the Greek market, which has managed to recover the vast majority of its August losses, although a 3.5 percent figure remains.
Against this backdrop, in the second session of the week, the General Index recorded a controlled decline of 0.47% to 1,425.51 points, losing about seven points compared to Monday's close (1,432.28 points).
The arc of daily fluctuations was fixed at 14 points (from 1,420.84 to 1,434.65 points), with the turnover of transactions ranging at just 65 million euros, of which 4.7 million euros were pre-agreed packages.
The banking index took the brunt of the liquidation as it finished -1.12% lower at 1,260.26 points, 7% off this year's highs of 1,354 points.
ΝΒG's shares narrowed to -1.97% and 7.956 euros, Piraeus' shares retreated to -1.15% and 3.872 euros, Alpha Bank's shares traded at -0.75% and 1.583 euros; and Eurobank's shares fell to -0.74% and 2.005 euros.
In the high-cap index (-0.69% and 3,467 points), Jumbo shares retreated to -1.4% and 22.7 euros, while Coca-Cola shares lost 2%, closing at 31.6 euros. Metlen's shares also declined by 0.8%. On the flip side, Hellaktor's shares soared by 4% and returned above 2 euros. AIA, Titan Cement, Autohellas and Cenergy rose between 1.5% and 2.6%, with the latter reaching record levels of 10 euros.
As for the mid-cap index (+0.21% and 2,265 points), Dimand's shares stood out positively at +4.5% and 9.6 euros, recovering to their highest levels since May. Shares of EYATH and Optima Bank followed with gains of 1.5% and 1.8%, respectively. In contrast, shares of Intralot, Intracom Holdings, Fourlis, and Profile were down 1%.
