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Stand by in anticipation of the Fed | TheGreekDeal.com
Athens Stock Exchange
Stand by in anticipation of the Fed
Today (18/9) the Athens Stock Exchange is in a holding pattern, with investors making selective investments, without taking much risk.
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Today (18/9) the Athens Stock Exchange is in a holding pattern, with investors making selective investments, without taking much risk.

The general mood on international markets, which are awaiting tonight's Federal Reserve interest rate decisions, also contributes to the stagnation. Yes, a cut is a given, but the range of intervention is "playing out" between 25 and 50 basis points.

In any case, however, Athens for yet another session reveals the obvious impossibility of exceeding the narrow 1,400-1,450 point limit, while the catalyst that will succeed in rekindling interest is still missing.

Specifically, on the 3rd day of the week, the General Index declines marginally by 0.11% to 1,428.16 points, losing 1.5 points compared to Tuesday's close (1,429.79 points).

The arc of daily fluctuations extends to six points (from 1,427.90 to 1,433.39 points), with the turnover of transactions ranging at 4.5 million in the first 30 minutes.

The banking index continues the stagnation pattern of the last few weeks, as it is currently +0.08% and 1,231 points.

Eurobank shares are up +0.28% and 1.974 euros, Alpha shares follow at +0.19% and 1.5745 euros, Piraeus shares are trading +0.10% and 3.864 euros, while Ethniki shares are unchanged at 7.464 euros.

In the High Capitalization index (-0.11% and 3,462 points), Motor Oil's shares, after yesterday's adventure at the refineries, which continue to operate at reduced capacity, are down -1.1% and 21.3 euros. Jumbo and Metlen fold by 1.1% and 0.6%, respectively, while Coca - Cola narrows by 0.9%. In contrast, PPC shares expand to +1% and 11.4 euros. Viohalco and Helleniq Energy follow with gains of 0.9% and 0.8%, respectively.

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