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Athens Stock Exchange
Tries to extend upward streak
Investors continue their selective positioning on the Athens Stock Exchange, which is trying to extend the upward movement for the 6th consecutive day.
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Investors continue their selective positioning on the Athens Stock Exchange, which is trying to extend the upward movement for the 6th consecutive day.

In this way, the Greek market maintains its "stronghold" of 1,400 points, while all eyes turn to the financial figures of the banking sector, which play a key role in the short-term trend.

At the same time, investors are watching the aftermath of Donald Trump's "comfortable" election victory in the US, while Europe is suffering from political uncertainty in Germany.

In detail, in the 4th session of the week, the General Index is up slightly by 0.27% to 1,412.38 points, gaining about four points compared to Wednesday's close (1,408.57 points).

The arc of the daily fluctuations extends four points (from 1,408.79 to 1,412.73 points), with the turnover of the trading volume hovering around 3 million euros in the first 15 minutes.

The banking index remains in positive territory for the 5th consecutive day, as it stands at +0.39% and 1,215 points, having recovered at least 5.5% from recent 9-month lows.

Piraeus shares are up +0.54% and €3.75, Eurobank shares are up +0.53% and €2.002, Alpha shares are trading +0.28% and €1.435, while ΝΒG shares follow at +0.18% and €7.604.

In the large-cap index (+0.28% and 3,426 points), Cenergy's shares expand +1.2% and approach 9 euros, with Helleniq Energy, Titan Cement and ELVALHALKOR following around +1%. EYDAP, OPAP, PPC and Jumbo follow at +0.5%, with the latter receiving support from the confirmation of the forecast for a 4% increase in turnover in the 12 months to 2024. On the other hand, MSCI's decision to remove Hellaktor from the Small Cap index "drops" the stock to -2.5% and EUR 1.73.

As for the mid-cap index (+0.31% and 2,265 points), Intracom shares stand out positively at +1.8% and 2.79 euros, attempting to recover from recent lows. Lavipharm shares, meanwhile, rally more than 3%, with Optima Bak shares following at +1.1% and 12.8 euros. In contrast, shares of Kri Kri and Techniki Olympiaki are sliding around -1.5%. Intrakat shares, at the same time, lose 1.1%.

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