The Athens Stock Exchange is having a reaction to the consecutive negative sessions today (4/10), with buyers taking the initiative.
However, the Greek market shows no inclination for a convincing improvement in the short-term sentiment, remaining trapped in the uncertainty of the Middle East, which is "clipping" investor visibility.
It is no coincidence that the losses since the beginning of the week are more than -3% (not taking into account today's session), which has brought the critical 1,400 resistance level back to the forefront.
At the same time, the fallout from the recent National Bank placement continues to affect Athens, which sees October starting on the opposite track to the unexpectedly positive September.
Specifically, in the 5th session of the week, the General Index is up slightly by 0.60% to 1,426.91 points, gaining about 8.5 points compared to Thursday's close (1,418.42 points).
The arc of daily fluctuations extends to nine points (from 1,418.83 to 1,427.32 points), with a turnover of 48 million euros, of which 8.3 million euros are pre-agreed packages.
The banking index is up slightly at +0.31% and 1,211 points, halting the heavy pressure of the previous days, which had pushed the distance from the year's highs to -10%.
The share of ΝΒG as mentioned above, is unchanged at 7.55 euros, the share of Piraeus is up +1.41% and 3.739 euros, the share of Alpha is trading +0.27% and 1.4885 euros, while the share of Eurobank is +0.28% and 1.9555 euros.
In the high-cap index (+0.66% and 3,453 points), Jumbo's share is dynamically gaining +2.7% and 25.8 euros, recovering part of the recent losses. Titan's shares follow at +1.3% and 34.5 euros, with Cenergy, Helleniq Energy, Sarantis, Motor Oil and OTE gaining at least 1%. On the flip side, Autohellas shares retreat to -1.2% and EUR 10.7. EYDAP is also down 1%.
As for the mid-cap index (+0.00% and 2,292 points), Kri Kri's shares stand out positively at +1.5% and approach again the record high of 13 euros. Lavipharm and Fourlis also widen by 2.2% and 1.5%, respectively, but with limited turnover. On the other hand, shares of EYATH and Techniki Olympiaki are down 1.2%. PPA, Optima Bank and Profile are down by 0.5%.
