The last session of October was completed without managing to break out of the 3-month lows for the Athens Stock Exchange, which recorded losses of almost 4.8% for the month (the worst of 2024).

Somehow, the Greek market remained below its 200-day moving average (1,396 points) as extended losses abroad did not favor an upward reaction.

The last "opportunity" for buyers seems to be the 9-month corporate figures, which, combined with oversold levels, may offer selected supports.

Specifically, in the 3rd session of the week, the General Index posted a subtle increase of +0.06% to 1,382.68 points, gaining less than one point compared to Wednesday's close (1,381.83 points).

The arc of daily fluctuations was fixed at 14 points (from 1,378.36 to 1,392.41 points), with a turnover of 147 million euros, of which 16.4 million euros related to pre-agreed packages. 

The banking index, which was hit hard in October (-8.3%), failed to break out of its 9-month lows, as it finished at -0.09% and 1,146 points, at least -15% away from this year's highs (1,354 points).

Piraeus shares, which will announce 9-month figures tomorrow, fell -0.35% to -0.35% and EUR 3.438; NBG shares followed at -0.14% and EUR 7.18; Eurobank shares traded -0.58% and EUR 1.89; while Alpha shares rose +0.69% to +0.69% and EUR 1.3795.

In the high-cap index (-0.30% and 3,331 points), the shares of OTE, which is in the process of selling its operations in Romania, slid -3.6% and 15.1 euros. Metlen's shares also declined by 2.2%, which "returned" to 32 euros. CEK Terna and Coca Cola lost 1% each, while Viohalco retreated further to EUR 5.1.

On the flip side, Motor Oil's shares recovered from 22-month lows, gaining +1.5% to EUR 19.6. Ellaktor, EYDAP, PPC, Lamda, Helleniq Energy and Autohellas rose by at least 2%, while shares of OPAP and AIA gained +1%, the former receiving a boost from the EUR 0.57 (net amount) interim dividend and the latter from strong Q3 performance.