The Athens Stock Exchange had a bad day today (7/10), with sellers maintaining control throughout the session, despite the efforts of buyers.
The Greek market, in this way, remained below the psychological threshold of 1,450 points, having a distance of at least 5% from this year's "peaks" (1,502 points). This despite the attractive valuations of most of the listed companies.
The permanent uncertainty in the Middle East has undoubtedly "spoiled" the investment psychology, not allowing traders to take additional risks, which is eloquently reflected in Athens' inability to move higher.
Specifically, in the first session of the five-day session, the General Index fell mildly by 0.57% to 1,429.73 points, losing at least eight points compared to Friday's close (1,437.88 points).
The arc of daily fluctuations was fixed at 12 points (from 1,428.39 to 1,440.75 points), with a turnover of 189 million euros, of which 13.4 million euros related to pre-agreed packages.
The banking index, leaving behind Friday's bullish reaction, showed signs of strong stagnation, ending at -0.22% and 1,225 points.
ΝΒG share folded -0.47% and 7.702 euros, having a turnover of more than 118 million euros, which equals 60% of the final value of the total trading on the stock exchange, as a result of the rebalancing.
Alpha shares slipped -1.23% and 1.49 euros, Piraeus shares traded -0.45% and 3.755 euros, while Eurobank shares rose +0.99% and 1.9815 euros.
In the high-cap index (-0.55% and 3,465 points), Lamda and Titan shares corrected from recent highs, falling 2.5% to close at 7.5 and 34 euros, respectively. Cenergy's shares also fell more than 1% in anticipation of the AMC, while shares of Jumbo, Metlen, Viohalco, Aegean, GEK Terna, Sarantis, PPC, Hellaktor and EVDAP lost between 1% and 2%. On the flip side, Coca-Cola's shares gained strongly to +1.8% and EUR 32.7.
As for the mid-cap index (-0.33% and 2,298 points), Intralot's share stood out negatively at -0.9% and EUR 1.10, with Intracom's share down 1%. Techniki Olympiaki, EYATH, and Profile lost 1.2%, 1.8%, and 0.9%, respectively. In contrast, Fourlis shares gained 1% and approached 3.9 euros. A special mention should be made of Attica Bank, which was placed in a new limit down ahead of the capital raise.
