The banking index may continue to fly high, but the Athens Stock Exchange is having a difficult time maintaining its upward momentum.

In the aftermath of the best session of 2024, which was the result of the refutation of the scripts on the taxation of bank profits, the Greek market is "struggling" to continue the positive movement, as there is no lack of pressure on selected blue chips.

Moreover, challenges persist, as political uncertainty in France and its potential impact on the Eurozone significantly influence investor psychology, leading to doubts about the occurrence of the traditional Santa Claus rally.

Specifically, in the second session of the week, the General Index rose imperceptibly by +0.03% to 1,424.72 points, gaining just half a point compared to Monday's close (1,424.33 points).

The arc of daily fluctuations extends to 11 points (from 1,424.72 to 1,435.62 points), with a turnover of more than 62 million euros, of which 2.1 million euros are pre-agreed packages.

The banking index continues to climb from recent 10-month lows, as it is currently at +1.24% and 1,217 points, boosted by the definitive end to the scenarios of the extraordinary tax.

ΝΒG's shares are dynamically expanding +2.33% and 7.106 euros, Eurobank's shares follow at +0.90% and 2.131 euros, Piraeus' stakes are trading +1.35% and 3.679 euros, while Alpha's shares are up +0.58% and 1.5435 euros.