The Greek Deal.com
Maintained positive momentum | TheGreekDeal.com
Athens Stock Exchange
Maintained positive momentum
The Athens Stock Exchange session today was dominated by banks, as buyers maintained their dominance for the third day in a row.
Newsroom
TIME TO READ
1 min

The Athens Stock Exchange session today was dominated by banks, as buyers maintained their dominance for the third day in a row.

Somehow, the Greek market managed to return to the 1,435 area, boosted by the positive sentiment abroad, where the DAX and Wall Street continue to reach record levels, despite the French political uncertainty.

However, the lack of support from non-banking blue chips was once again a concern, with no other companies participating in the rally. Any attempt to converge with the record highs of 1,502 points becomes impossible. 

More specifically, in the 3rd session of the week, the General Index recorded a cautious increase of 0.53% to 1,436.79 points, gaining 7.5 points compared to Tuesday's close (1,429.22 points).

The arc of daily fluctuations was fixed at 10 points (from 1,427.95 to 1,437.99 points), with a turnover of 145 million euros, of which 15.0 million euros related to pre-agreed packages. 

The banking index managed to continue its weekly rally (+8.2%) due to the end of the extraordinary tax scenarios, finishing at +1.62% and 1,244 points, a drop of 8% from this year's "peaks."

Piraeus shares climbed +3.82% and 3.78 euros, Eurobank shares followed at +2.47% and 2.199 euros (very close to this year's highs of 2.2 euros), NBG shares were unchanged at 7.20 euros, while Alpha shares rose +1.03% and 1.573 euros.

READ ALSO