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Athens Stock Exchange
Profit taking continues
Not sharing the bullish "turn" of the European markets, the Athens Stock Exchange continues its profit-taking for the second consecutive day.
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Not sharing the bullish "turn" of the European markets, the Athens Stock Exchange continues its profit-taking for the second consecutive day.

Sellers seem to control the initiative of the moves, leading the General Index below 1,420 points and absorbing the November gains, which until recently amounted to +2.5%.

However, given the positive 9-month corporate figures, analysts would expect a better performance on the part of Athens, which, let's not forget, is showing single-digit returns in 2024 (+9%).

Specifically, in the 4th session of the week, the General Index declines slightly by 0.31% to 1,415.13 points, losing about 4.5 points compared to Wednesday's close (1,419.51 points).

The arc of daily fluctuations extends to seven points (from 1,414.47 to 1,421.00 points), with a turnover of 50 million euros, of which 11.3 million euros are pre-agreed packages.

The banking index continues its correction for the 2nd consecutive day, as it folds -0.94% and 1,218 points, despite the positive momentum of strong profitability and upbeat reports.

ΝΒG share is limited to -1.50% and 7.224 euros, Piraeus' share follows at -1.35% and 3.798 euros, Eurobank's share trades at -0.78% and 1.9845 euros, while Alpha's share rises +0.22% and 1.608 euros.

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