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Upward reaction, with help from the ECB | TheGreekDeal.com
Athens Stock Exchange
Upward reaction, with help from the ECB
The Athens Stock Exchange today (12/9) puts a stop to the 4-day downward streak, with buyers returning to the reins and bringing the General Index back to 1,420 points.
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The Athens Stock Exchange today (12/9) puts a stop to the 4-day downward streak, with buyers returning to the reins and bringing the General Index back to 1,420 points.

The positive sentiment abroad, as a result of the expectation of a new interest rate cut by the ECB (decisions at noon), contributes decisively to the improvement of investor psychology, combined with the satisfactory corporate figures of the first half of the year.

Specifically, in the 4th session of the week, the General Index recorded a slight increase of 0.57% to 1,421.86 points, gaining about 8.5 points compared to Wednesday's close (1,413.54 points).

The arc of daily fluctuations extends to seven points (from 1,418.81 to 1,425.17 points), with the turnover of transactions ranging at 5 million in the first 20 minutes.  

In the high-cap index (+0.92% and 3,456 points), Metlen's share is trying to get back to 34 euros, as it gains 1.5%. At the same time, the shares of ELVALHALKOR climb by 3%, which is boosted by strong half-year figures. OPAP, EYDAP, Ellaktor and Viohalco are up 1% to 2%, while Jumbo, Sarantis, PPC, AIA, Motor Oil and OTE follow up to +0.9%. On the flip side, Aegean's shares are down 1.2% and fall below €11, as profitability declines due to the reduction of part of the fleet.

As for the mid-cap index (+0.40% and 2,296 points), Intracom Holdings' shares stand out at +2.1% and 3.11 euros, partially recovering from yesterday's -3%. Intralot, Lavipharm, Profile, AVAX, Ideal and Fourlis are up +1% to +2%. Special mention should be made of Attica Bank, which slides 16% after the listing of 5.5 million shares resulting from the merger with Pancreta.

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