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Athens Stock Exchange
Looking into ECB announcements
The Athens Stock Exchange is looking for direction, with investors continuing their selective positioning, pending the ECB's interest rate announcements.
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The Athens Stock Exchange is looking for direction, with investors continuing their selective positioning, pending the ECB's interest rate announcements.

The Greek market remains stuck in the narrow range of 1,400-1,470 points, with the absence of "fresh" funds preventing an immediate convergence with the multi-year highs of 1,502 points, which have been missing since May.

Specifically, in the 4th session of the week, the General Index recorded a subtle increase of 0.06% and stood at 1,430.95 points, gaining less than one point compared to Wednesday's close (1,430.09 points).

The arc of the daily fluctuations extends over three points (from 1,428.08 to 1,431.33 points), with the turnover of the trading volume hovering around 2 million euros in the first 15 minutes.

The bank index is almost unchanged at -0.7% and 1,220 points, maintaining in the -10% range the distance from this year's highs.

Piraeus shares are limited to -0.21% and EUR 3,802, NBG shares follow at -0.11% and EUR 7,348, Alpha shares are unchanged at EUR 1,518, while Eurobank shares are up +0.30% and EUR 2,022.

In the high-cap index (+0.05% and 3,481 points), Aegean's shares are up +1.1% and 10.4 euros, trying to recover from recent lows. Metlen and Cenergy follow at +0.6%, with the former returning above 33 euros. On the other hand, shares of Jumbo, ELVALHALKOR, Hellaktor, GEK Terna and Lamda Development are retreating by up to 0.5%.

As for the mid-cap index (+0.10% and 2,304 points), AVAX shares stand out positively at +1.2% and €1.46, with Austriacard, Kri Kri and Trade Estates following at +0.7%; Profile, Quest and EXAE  up 0.5%. On the flip side, Fourlis shares slide by around 1%, while Intrakat shares lose 0.4%.

 

 

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