Gradual reappearance of buyers limits the losses on Athens Avenue, which however continues for the fifth session downwards, under pressure from the decline of NBG around the placement price of the placement.

Specifically, the General Index is trading at 1,425.9 points, down 0.2%, with turnover up to 80 million euros and 16 million units traded.

A characteristic feature of the day is that half of the day's trading is related to Ethniki, as turnover in the stock is at 40 million euros.

The banking index is trading -0.3% at 1,215 points, the FTSE is now around unchanged at 3,456 points and FTSEM mid caps are trading at 2,291 points with -0.35%.

The market is coming off a difficult session with heavy losses of 1.26% leading the GI below 1,430 points as the search for liquidity for the NBG placement in recent days combined with the renewed escalation of tensions in the Middle East put double pressure on Athens Avenue.

The liquidations were mainly focused on the banking sector, with the PPI losing more than 5.2% in the last four sessions, while NBG, which in the previous days held losses in a more limited context (at -2% in the four-day period), is leading the decline today as it converges towards the placement price of EUR 7.55, 10 cents lower than yesterday's close on the board (7.65).

As mentioned above, NBG is reasonably in line with the placement price, moving at 7.53 euros, down 1.5% and with a turnover of 40 million euros, of which 2.5 million in packages (two at 7.55 euros and one at 7.52 euros).

In the rest of the sector, a trend towards a change in the picture is discernible, with Piraeus and Alpha now in positive territory of around +0.6% each, while Eurobank, which has recorded -7% over the last four days, has moved away from its daily lows of €1.94 (-1.6%), limiting losses to just -0.1%.

Further pressure on the market is exerted by Titan, which corrects to 34.3 euros (-1.9%) and heavy Coca-Cola, which at -1.2% immediately gives back yesterday's gains (+1.4%). PPC also continues to decline as it retreats further below 12 euros to 11.67 at -0.6%.

Beyond that, trading is intense in Jumbo, which has moved from 25.04 euros (-2.57%) to 26.02 (+1.25%) and now stands at 25.9 with a gain of 0.8%.

At the top of the FTSE is Metlen with a gain of 1.2% at EUR 34.28, with Sarantis +1.2% (EUR 10.86) and Aegean +1% (EUR 10.68) close behind.

In the mid-cap sector, the pressure continues with a few stocks moving higher and this with little turnover. On the other hand, Intrakat is down 1.2%, with Profile at -2%, while Intralot and ADMIE move mildly down at -0.7% and -0.4%, respectively.