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Athens Stock Exchange
Resistance to international pressures
The start of the new week on the Athens Stock Exchange is tentative, with sellers and buyers fighting for control of the bias.
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The start of the new week on the Athens Stock Exchange is tentative, with sellers and buyers fighting for control of the bias.

The situation in the Middle East continues to weigh on investor psychology, while the Greek market remains below 1,450 points, unable to move convincingly towards the multi-year highs of 1,502 points.

This is despite the fact that the listed companies have strong fundamentals and are trading at attractive levels, with a clear discount to the valuations currently being "played" abroad.

Specifically, in the first session of the five-day session, the General Index is down slightly by 0.10% to 1,436.41 points, losing about 1.5 points compared to Friday's close (1,437.88 points).

The arc of daily fluctuations extends over two points (from 1,434.68 to 1,436.41 points), with the turnover of trading not exceeding 2.5 million in the first 10 minutes. 

The share of ΝΒG retreats to -0.75% and 7.68 euros, having a turnover of more than 750 thousand euros. At the same time, Alpha, Eurobank and Piraeus shares are almost unchanged at EUR 1.50, EUR 1.96 and EUR 3.77, respectively.

In the high-cap index (-0.14% and 3,479 points), Metlen shares are up +0.8% at +0.8% and 34.2 euros, with Sarantis and AIA shares gaining 0.8%. On the flip side, shares of OTE, Aegean and Jumbo retreat by 0.5%. EYDAP shares are down 1.4%, falling to 5.5 euros.

As for the mid-cap index (-0.04% and 2,305 points), Intralot shares stand out positively at +1.2% and 1.12 euros, with Intracom shares following at +0.8% and 3.0 euros. EXAE and Thrace Plastics widen around +0.5%. Conversely, Kri Kri's shares lose 1.1% and fall below EUR 13. Quest and AVAX, meanwhile, narrow by around 1%.

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