The Athens Stock Exchange managed today (11/10) to put a brake on the 4-day downward streak and return to positive territory, thanks to the helping hand from abroad, although the picture once again was not convincing.
Besides, the Greek market counts nine negative closes in the last 11 sessions, recording cumulative losses of more than 3.7% in this period, while the weekly decline amounted to -1.4%.
The large supply of shares, through successive placements and AMCs, has "drained" the available liquidity of investors, while geopolitical uncertainty in the Middle East has sustained the reluctance to take unnecessary risks.
Somehow, in the last session of the five-day session, the General Index posted a slight increase of 0.37% to 1,416.78 points, gaining five points compared to Thursday's close (1,411.61 points).
The arc of daily fluctuations was fixed at nine points (from 1,408.72 to 1,417.42 points), with a turnover of 110 million euros, of which 32.2 million euros related to pre-agreed packages.
The banking index managed to halt its downward streak, ending +0.52% and 1,206 points, partially reacting from recent two-month lows.
Piraeus shares widened to +0.90% and EUR 3.70, Eurobank shares strengthened to +0.99% and EUR 1.9895, NBG shares traded +0.38% and EUR 7.45, while Alpha shares declined slightly to -0.17% and EUR 1.4675.
In the high-cap index (+0.48% and 3,436 points), OTE's share was up dynamically to +2% and 15.89 euros, while Cenergy's share expanded to +1.6% and 9.3 euros. Autohellas shares, meanwhile, recovered to +1.5% and 10.6 euros, with PPC shares gaining +2%. In contrast, Jumbo, Lamda Development, and Titan shares lost between 0.7% and 0.8%, while Aegean and Hellaktor shares fell 0.6%, with the former sinking to 11-month lows.
As for the mid-cap index (+0.24% and 2,282 points), Intralot shares stood out positively at +2.4% and €1.08, while Intracom, Kri-Kri, and Quest followed at least at +1%. The shares of Techniki Olympiaki also climbed by 2.5%. On the flip side, shares of AVAX and EYATH lost 1.2% and 1.5%, respectively. A special mention should be made of Attica Bank, whose shares soared +28% and 2.6 euros, picking up the big losses of the previous days.