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Return to positive territory with a jump in PPC and banks | TheGreekDeal.com
Athens Stock Exchange
Return to positive territory with a jump in PPC and banks
The Athens Stock Exchange received a helping hand today (15/10), with buyers returning to the "steering wheel" for only the 3rd time in the last 13 sessions.
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The Athens Stock Exchange received a helping hand today (15/10), with buyers returning to the "steering wheel" for only the 3rd time in the last 13 sessions.

As a result, the downward trend towards the supports of 1,400 points was halted - at least temporarily - and the cumulative losses of October (estimated at -2% since the first of the month and -3.2% since 27/9) were "trimmed".

Specifically, in the second session of the week, the General Index recorded a slight increase of 0.87% and stood at 1,423.74 points, gaining 12 points compared to Monday's close (1,411.49 points).

The arc of daily fluctuations was fixed at 11 points (from 1,412.87 to 1,423.95 points), with a turnover of 105 million euros, of which 9.9 million euros were pre-agreed packages.  

The banking index, in the wake of the great pressure it has suffered in the last period, managed to get a reaction, finishing at +1.75% and 1,210 points.

The share of NBG rose +1.46% and 7.372 euros, the share of Piraeus soared +2.07% and 3.75 euros, the share of Alpha soared +2.52% and 1.507 euros, while the share of Eurobank rose +1.61% and 1.985 euros.

In the high-cap index (+1.11% and 3,457 points), the PPC share gave the market a boost, closing +4.2% and 11.88 euros, in the best session in two months. Coca - Cola shares expanded by 0.9% and re-approached the record high of 34 euros, while Aegean shares continued their recovery effort, gaining 2.2%. Jumbo, Viohalco, Sarantis and Autohellas followed with a rise of more than 1%. On the flip side, OTE shares slipped -0.6% to EUR 15.8, with Motor Oil shares back in negative territory, retreating to EUR 20.5 (22-month low).

As for the mid-cap index (+0.47% and 2,299 points), Profile's share stood out impressively at +4.1% and EUR 5.33, setting the course again for historic highs (EUR 5.5). Lavipharm, PPA and Thrace Plastics gained at least 1% each. Special mention should be made of Attica Bank, whose shares plummeted -21.8% on the last trading day before the reverse split.

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