The Athens Stock Exchange remains affected by the great uncertainty in the Middle East, with sellers keeping the General Index below 1,450 points.
Investor psychology is undoubtedly not at its best, as despite strong corporate figures and attractive valuations of listed companies, the geopolitical factor is "cutting" the risk appetite.
Thus, the Greek market seems to be "trapped" in a narrow range, unable to show a convincing upward movement towards the peaks of 1,502 points, which are the highest level in 13 years.
Specifically, in the first session of the five-day session, the General Index declined slightly by 0.27% to 1,433.94 points, losing about four points compared to Friday's close (1,437.88 points).
The arc of daily fluctuations extends over eight points (from 1,432.33 to 1,440.75 points), with a turnover of 40 million euros, of which 10.9 million euros are pre-agreed packages.
Leaving behind Friday's bullish reaction, the banking index shows signs of strong stagnation, with the result that it is at -0.38% and 1,223 points.
NBG shares are down -0.39% and 7,708 euros, with a turnover of more than 22 million euros, at least 50% of the trading volume so far. Piraeus shares fall -1.03% and 3.733 euros, Alpha shares trade -0.60% and 1.4995 euros, while Eurobank shares rise +0.28% and 1.9675 euros.
In the high-cap index (-0.22% and 3,476 points), Cenergy's shares slide -1.5% and 9.7 euros, while the maximum price of the AMK is set at 9.86 euros. The parent company Viohalco is also down 1.5%, while Titan Cement and Lamda Development follow close behind at -1.4%. GEK Terna, PPC and EYDAP are retreating by around 1%. On the flip side, Metlen's shares are up +0.6% at +0.6% and EUR 34.2. Coca - Cola's share also expands by 1%.
As for the mid-cap index (+0.09% and 2,308 points), Intralot's share stands out positively at +0.7% and 1.11 euros, with the share of HKEI following at +0.6% and 4.4 euros. Trade Estates and Optima Bank are up 6%. In contrast, EYATH shares lose 1.8% and fall to 3.20 euros. Profile, ADMIE, and Techniki Olympiaki are all down by around 1%.
