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Athens Stock Exchange
Reduced trading activity and low turnover
The Athens Stock Exchange moved without rhythm and clear direction today, completing a week of extremely narrow fluctuations and reduced trading activity.
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The Athens Stock Exchange moved without rhythm and clear direction today, completing a week of extremely narrow fluctuations and reduced trading activity.

At the same time, abroad, all eyes were on the head of the Federal Reserve, Jerome Powell, who sent a clear message in favour of starting the process of monetary policy easing (interest rate reduction).

However, due to the time difference, the Greek market did not have time to take advantage of the positive sentiment on the other side of the Atlantic Ocean (+400 points for the Dow Jones), ending near the low of the day.

In particular, in the last session of the week, the General Index fell marginally by 0.24% to 1,432.60 points, losing 3.5 points compared to Thursday's close (1,436.11 points).

The arc of daily fluctuations was fixed at nine points (from 1,432.26 to 1,441.39 points), with a turnover of 72 million euros, of which 6.4 million euros related to pre-agreed packages.

The banking index was virtually unchanged at +0.01% and 1,281 points, reflecting the general stagnant sentiment.

ΝΒG shares fell -0.42% and EUR 8.118, Alpha's shares traded -0.31% and EUR 1.589, Eurobank's shares slipped -0.62% and EUR 2.077, while Piraeus' shares gained +1.88% and EUR 3.894, putting a brake on the 4-day downward streak.

In the high-cap index (-0.13% and 3,492 points), Motor Oil shares retreated 2.5% to 21.1 euros, with OTE and EVDAP shares following at -2.1% and -2.4%, respectively. Ellaktor and Autohellas each lost at least 1.4%, while shares of Jumbo, Lamda, and Titan lost 0.9%. On the flip side, Metlen's shares gained more than 1% to reach EUR 34.9. At EUR 6, for its part, Viohalo's shares recovered, which ended up +1%.

As for the mid-cap index (-0.01% and 2,265 points), Intralot's shares stood out positively at +1.7% and 1.14 euros, while PPA Kri Kri shares also rose by at least 1%, with the latter closing at new all-time highs. Fourlis, at the same time, rose from +1.7% to +1.7% and 3.8 euros. In contrast, shares of Profile, AVAX, and EYATH retreated by 1.5%, 1.8%, and 2.1%, respectively.

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