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Cautious and measured moves continue | TheGreekDeal.com
Athens Stock Exchange
Cautious and measured moves continue
The Athens Stock Exchange maintains the stagnation picture today, with investors engaging in cautious positioning in anticipation of the "heavy" developments that follow in September.
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The Athens Stock Exchange maintains the stagnation picture today, with investors engaging in cautious positioning in anticipation of the "heavy" developments that follow in September.

With the Wall Street holiday affecting the mood, the Greek market continues to step on the note, remaining on the edge of 1,440 points and being trapped in a narrow range of fluctuations (1,425 - 1,437 points).

This, of course, is expected to change in the coming days/weeks, with the 9th month of the year holding several... surprises, which under certain conditions can contribute to the change in the short-term trend.

More specifically, in the first session of the week, the General Index is up slightly by 0.35% to 1,436.25 points, gaining five points compared to Friday's close (1,431.19 points).

The arc of daily fluctuations extends to four points (from 1,432.78 to 1,436.35 points), with the turnover of trading not exceeding 2 million euros in the first 15 minutes.

ΝΒG shares are up +1.02% and 7.9 euros, Alpha's shares follow at +0.58% and 1.5555 euros, Piraeus' shares are trading +0.38% and 3.923 euros, while Eurobank's shares are almost unchanged at 2.06 euros.

In the high-cap index (+0.36% and 3,486 points), Motor Oil's share expands by 1.3% and approaches 22 euros, having left behind the restructuring of the MSCI indices. The shares of OPAP, which tomorrow publishes its first-half results, also gain 1.6%. And Elvalhalcor expands to +1.6% and 1.87 euros. On the flip side, AIA's shares are down -1.1% and 7.8 euros, with Aegean and EYDAP losing around -1%.

As for the mid-cap index (-0.54% and 2,308 points), Intralot's shares are correct by 1% after the recent recovery of 1.20 euros. Intrakat-AADMIE shares are also down by almost 1%. On the other hand, Intracom's shares widen to +0.9% and 3.20 euros. At the same time, the shares of Trade Estates increase by 0.8%.

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