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Stagnation extended - Which stocks stand out | TheGreekDeal.com
Athens Stock Exchange
Stagnation extended - Which stocks stand out
The Athens Stock Exchange continues the stagnation pattern of the last weeks, with caution remaining dominant.
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The Athens Stock Exchange continues the stagnation pattern of the last weeks, with caution remaining dominant.

The Greek market, in this way, remains trapped in the narrow range of 1,400-1,450 points, unable to approach this year's highs of 1,502 points, despite the successive records in Frankfurt and Wall Street.

Thus, in the first session of the new week, the General Index is down a subtle 0.05% to 1,424.53 points, losing less than one point compared to Friday's close (1,425.19 points).

The arc of daily fluctuations extends to one point (from 1,423.91 to 1,424.83 points), with the turnover of trading not exceeding 2.5 million in the first 15 minutes. 

Alpha shares retreat -1.32% and EUR 1,574, Eurobank shares follow at -0.70% and EUR 1,973, Piraeus shares trade +0.37% and EUR 3,814, while ΝΒG shares strengthen +1.17% and EUR 7,264.

A special mention should be made of Bank of Cyprus, which returns to Athens Avenue after 11 years. The share's start proves impressive, as it soars +6.2% and 5.08 euros (valuation of 2.2 billion euros).

In the high-cap index (-0.27% and 3,446 points), Cenergy's shares slide -1.9% and 9.7 euros, digesting recent historic highs. Shares of EYDAP - Titan - PPC follow with losses of -1%. On the flip side, Athens International Airport shares gain +1.6%, while Motor Oil shares try to recover from recent losses, registering a gain of around +1%.

As for the mid-cap index (-0.48% and 2,327 points), Optima Bank shares stand out negatively at -2.5% and EUR 13, with Ideal shares losing 1.6% and falling to EUR 6. On the other hand, shares of Kri-Kri, HKE and Lavipharm are up 0.7%.

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