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Athens Stock Exchange
Sellers remain at the helm
Sellers remain at the helm of the Athens Stock Exchange, maintaining the downward pressure on the General Index, which seems to be trapped.
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Sellers remain at the helm of the Athens Stock Exchange, maintaining the downward pressure on the General Index, which seems to be trapped.

The Middle East geopolitical crisis has had a noticeable impact on the Greek market, which has struggled noticeably to regain its footing in recent days, with cumulative losses reaching -3% since September 27.

The placement in ΝΒG, as well as the IPO in Cenergy, which starts today and will run until Thursday, play their part in this weakness, as they tie up a valuable part of the available liquidity.

Somehow, in the second session of the week, the General Index is down slightly by 0.28% to 1,425.92 points, losing about four points from Monday's close (1,429.73 points).

The arc of the daily fluctuations extends over two points (from 1,425.38 to 1,427.42 points), with the turnover of the trading volume hovering around 2 million in the first 10 minutes.

ΝΒG share slides to -1.35% and 7.598 euros, Piraeus' share follows at -0.96% and 3.719 euros, Eurobank's share trades at -0.38% and 1.974 euros, while Alpha's share decreases to -0.34% and 1.485 euros.

In the high-cap index (-0.41% and 3,450 points), Cenergy's shares, amid the ongoing EUR 200 million AMK, are down -1% and EUR 9.6. Jumbo and ELVALHALKOR each lose around 1%, while OTE shares follow at -0.70% and 15.6 euros. On the flip side, GEK TERNA's shares, following the deal with Marianna Latsis' family office for Attiki Odos, are slightly up 0.6%. Sarantis and AIA gain 0.5% each.

As for the mid-cap index (+0.05% and 2,300 points), Kri Kri shares are trying to stand out at +0.8% and EUR 13.1, with Optima Bank shares following close behind at +0.7% and EUR 12.9. On the other hand, Intracom's shares retreat to -0.8% and EUR 2.96, while Intrakat's shares retreat to -0.7% and EUR 4.8. special mention should be made of Attica Bank, which continues its "dive for life", sliding by a further 24%.

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