The Athens Stock Exchange completed its fourth consecutive negative session today (11/9), with sellers holding the reins amid the broader uncertainty abroad.
The negative start on Wall Street, in fact, exacerbated the cautious sentiment, with the Greek market closing near the day's low point and breaking downward through the narrow 1,420-1,450 range, but without threatening the 1,400 supports.
And all this while investor attention is focused on the first-half economic figures, which are proving to be highly encouraging for the rest of the year, and let's not forget that tomorrow we have the ECB meeting and on Friday the Moody's verdict follows.
Somehow, in the 3rd session of the week, the General Index recorded a new drop of 0.88% to 1,413.54 points, losing 12.5 points compared to Tuesday's close (1,427.10 points).
The arc of daily fluctuations was fixed at 17 points (from 1,412.57 to 1,429.91 points), with a turnover of 84 million euros, of which 2.2 million euros related to pre-agreed packages.
The banking index not only failed to recover, but remained on a downward trajectory, retracing -0.98% and 1,220 points, at least 10% away from this year's highs.
Ethniki shares slipped to -1.03% and 7.476 euros, Eurobank shares fell to -1.01% and 1.96 euros, Alpha shares traded at -1.28% and 1.5005 euros, while Piraeus shares narrowed to -0.77% and 3.868 euros.
In the high-cap index (-0.89% and 3,425 points), Coca - Cola shares, which yesterday reached a 4.5-year high, retreated -1.8% and 33.4 euros. Lamda, Ellaktor, and Cenergy, meanwhile, lost between 2% and 2.5%, while shares of Viohalco, Elvalhalcor, and OPAP followed suit, down more than -1%. CEK Terna, Titan Cement, Aegean and Autohellas, at the same time, ended up to -0.9%. On the flip side, OTE shares rose +0.4% to +0.4% and EUR 14.8.
As for the mid-cap index (-0.76% and 2,287 points), Intracom Holdings' shares stood out negatively at -2.7% and 3 euros, with Lavipharm and Fourlis also losing 2.7%. Austriacard, AVAX, EXAE, and Kri Kri followed with losses of more than -1%. Only shares of Plastic Thrace, EYATH, Profile and Dimand escaped the downward spiral, while special mention should be made of Ideal, which gained 1%.
