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Marginal changes without clear direction | TheGreekDeal.com
Athens Stock Exchange
Marginal changes without clear direction
The Athens Stock Exchange continues without benefiting from the ongoing rally abroad, with the "weights" keeping the General Index stuck in the area of 1,420 points.
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The Athens Stock Exchange continues without benefiting from the ongoing rally abroad, with the "weights" keeping the General Index stuck in the area of 1,420 points.

The Federal Reserve's decision to cut interest rates by 50 basis points does not seem capable of "reviving" market interest, resulting in the maintenance of the prolonged picture of stagnation and indifference.

All this while the Stoxx 600 in Europe is climbing by almost 1.5% and the Dow Jones in the US is preparing for another all-time high, as industrial index futures are gaining around 500 points.

Specifically, in the 4th session of the week, the General Index is up slightly by 0.18% to 1,422.05 points, gaining 2.5 points from Wednesday's close (1,419.50 points).

The arc of daily fluctuations extends over eight points (from 1,416.78 to 1,424.61 points), with a turnover of 48 million euros, of which 10.8 million euros are pre-agreed packages.

The banking index, without impressing, is just +0.16% and 1,221 points, still about 10% away from this year's highs (1,354 points).

Piraeus shares are up +0.82% and 3.824 euros, Eurobank shares expand +0.30% and 1.976 euros, Alpha shares trade +0.45% and 1.5755 euros, while NBG shares are down -0.38% and 7.306 euros.

In the high-cap index (+0.18% and 3,445 points), Motor Oil's shares are up 0.8% and take back part of yesterday's losses. Also trading close to +1% are the shares of Sarantis, PPC, Viohalco and Lamda Development. For its part, Cenergy's share is a breath away from the record 10 euros, while Metlen's share is up +0.6% and 33.4 euros. On the flip side, EYDAP's share slides 0.9%, with shares of OPAP, Aegean and Jumbo losing 0.5% each.

As for the mid-cap index (+0.04% and 2,306 points), without any stock that particularly stands out, attention is mainly focused on Intracom Holdings, which expands +1.1% and 3.01 euros. PPA, Kri-Kri, Intralot, EYATH and Profile follow around +1%. On the flip side, shares of Techniki Olympiaki are down 1.2%, with Optima Bank and Plastic Thrace following at 0.9% and 0.5%, respectively.

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