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Counterattack of banks with gains up to +3% | TheGreekDeal.com
Athens Stock Exchange
Counterattack of banks with gains up to +3%
The Athens Stock Exchange has a significant reaction today (29/10), with buyers returning to the "reins", putting a temporary end to the five-day dominance of sellers.
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The Athens Stock Exchange has a significant reaction today (29/10), with buyers returning to the "reins", putting a temporary end to the five-day dominance of sellers.

Indeed, the Greek market, with its eyes on the upcoming 9-month financial results, is trying to regain the critical milestones of 1,396 points (200-day moving average) and 1,400 points, which were lost last week.

The improved banking sentiment undoubtedly constitutes positive news for Athens. However, the major question is whether the ongoing reaction will continue, given the conditions on both sides of the Atlantic Ocean.

Specifically, in the first session of the new week, the General Index is up a remarkable 1.07% to 1,405.19 points, gaining about 15 points compared to Friday's close (1,390.25 points).

The arc of daily fluctuations extends to 12 points (from 1,397.45 to 1,409.71 points), with a turnover of 52.3 million euros, of which 10.7 million euros are pre-agreed packages.

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