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Defended the positive sign of the week | TheGreekDeal.com
Athens Stock Exchange
Defended the positive sign of the week
The sellers on the Athens Stock Exchange may have been in control throughout the session, but the buyers managed to mitigate the losses towards the end and lead the General Index to the highs of the day.
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The sellers on the Athens Stock Exchange may have been in control throughout the session, but the buyers managed to mitigate the losses towards the end and lead the General Index to the highs of the day.

In this way, the Greek market continued the relatively satisfactory performance of the first week of September, which "left" with a cumulative rise of 0.8%, in a clear sign of diversification and self-differentiation from the outside.

The pleasing corporate figures for the first half of the year and expectations for the upcoming DBRS (tonight) and Moody's (13/9) verdicts provided Athens with the necessary tools to resist the volatility of foreign stock markets and stay within striking distance of the 1,450 target. 

Specifically, in the last session of the five-day session, the General Index recorded a slight decline of 0.24% and ended at a daily high of 1,443.13 points, losing about 3.5 points compared to Thursday's close (1,446.56 points).

The arc of daily fluctuations was fixed at seven points (from 1,437.66 to 1,443.78 points), with the turnover of the transactions ranging at just 74 million euros, of which 13.5 million euros related to pre-agreed packages. 

The banking index, despite the positive developments (Fitch upgrade, higher prices - targets), remained below 1,300 points, down -0.93% and 1,254 points.

ΝΒG's share was down -1.30% and 7.59 euros, Alpha's share folded -0.70% and 1.559 euros, Eurobank's share traded -1.31% and 2.03 euros, while Piraeus' share fell -0.28% and 3.981 euros.

In the high-cap index (-0.27% and 3,504 points), OTE shares retreated to -1% and 14.99 euros, while losses were at the same level for the shares of Εlvalhalcor- Viohalco. At the same time, shares of Autohellas and Cenergy slid 1.7% and 1.4%, respectively. On the flip side, Jumbo shares continued their upward reaction, gaining 2.1% and returning to 24.8 euros. Sarantis also rose by 2%, flying to 11.1 euros.

As for the mid-cap index (-0.46% and 2,334 points), the shares of EXAE stood out negatively at -1.3% and 4.6 euros, with the shares of ADMIE following at -1.1% amid the thriller for the Crete-Cyprus electricity connection. Shares of PPA, Intracom, AVAX, Ideal, Fourlis and Austriacard lost between 1% and 1.5%. In contrast, shares of Dimand and Quest Holdings gained 1%.

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