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Athens Stock Exchange
Waiting on the banks financial results
The Athens Stock Exchange is on hold today (7/11), with investors waiting for the banks' figures for the 9 months of 2024.
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The Athens Stock Exchange is on hold today (7/11), with investors waiting for the banks' financial results for the 9 months of 2024.

The Greek market, in any case, seems to be defending with relative comfort the psychological threshold of 1,400 points, which it managed to recover in yesterday's session. However, the continuation of the upward movement (5×5) depends on the financial data of the banks, which have a catalytic role in investor psychology.

All this is taking place in a volatile international environment, as all eyes are on Donald Trump on the one hand and, on the other hand, on Germany, where the governing coalition is in the process of collapsing. Today, at the same time, the Fed's decision on the level of interest rates is also expected.

Against this backdrop, in the 4th session of the week, the General Index declines imperceptibly by 0.07% to 1,407.59 points, losing one point compared to Wednesday's close (1,408.57 points).

The arc of daily fluctuations extends to eight points (from 1,404.77 to 1,412.73 points), with a turnover of 32 million euros, of which 5.8 million euros are pre-agreed packages.

The banking index remains in positive territory for the 5th consecutive day as it stands at +0.21% and 1,213 points, having recovered at least 5.5% from recent 9-month lows.

Piraeus shares are up +0.51% and €3.749, Eurobank shares are up +0.43% and €2.00, Alpha shares are trading +0.21% and €1.434, while National Bank shares are unchanged at €7.59.

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