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Climbing towards 15-year highs | TheGreekDeal.com
ATHEX
Climbing towards 15-year highs
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Trading activity resumed vigorously on ATHEX, following the holiday on March 25, with the General Index climbing to 1,735 points—an increase of 0.5%. Trading volume reached €52 million, with 11.2 million shares changing hands. The banking index rose by 1.1% to 1,704 points, while the FTSE for large caps advanced by 0.65% to 4,297 points, and the FTSEM for mid caps saw a rise of 0.77%, reaching 2,620 points. 

This week commenced with the General Index achieving its highest level in nearly 15 years (since August 2010) at 1,726.5 points. Notably, even during the recent holiday, the Greek market exhibited resilience, outperforming its European counterparts.

Market participants typically adopt a cautious approach during holidays to mitigate risks associated with unforeseen developments. However, with the international outlook improving—especially as concerns regarding Donald Trump's tariffs appear to be dissipating—and the General Index surpassing the technical resistance level of 1,707 points, analysts from Fast Finance suggest a potential upward trajectory towards 1,745 points. In this favorable environment, buyers continue to dominate the Athens market.

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