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Athens Stock Exchange
Profit taking continues
Today (30/1) the Athens Stock Exchange is assimilating its gains, with sellers outnumbering buyers and temporarily regaining the "steering wheel".
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Today (30/1) the Athens Stock Exchange is assimilating its gains, with sellers outnumbering buyers and temporarily regaining the "steering wheel".

The Greek market, despite the bullish sentiment abroad, is rushing to consolidate part of the strong gains of January, which until yesterday exceeded +5%, leading the General Index a "breath" from the 14-year "peaks" of 1,550 points.

At the same time, investors have their eyes on the upcoming central bank verdict on the path of European interest rates, with analysts expecting a 25 basis point cut. However, more than a few are concerned that the Fed's "braking" may affect Frankfurt in the future.

Specifically, in the fourth session of the week, the General Index posted a controlled decline of -0.32% to 1,541.11 points, losing about five points from Wednesday's close (1,546.03 points).

The arc of daily fluctuations extends to 13 points (from 1,535.35 to 1,548.36 points), with the turnover of transactions ranging at 54.2 million euros, of which 6.5 million euros are pre-agreed packages.

On the board, now, Piraeus - Alpha - NBG are retreating from recent highs, as they fold around -1%. Metlen, PPC and OPAP are also in negative territory, while Optima is making a new move above EUR 13.

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