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Rise but settle sharply off earlier intraday highs on U.S. CPI data | TheGreekDeal.com
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Rise but settle sharply off earlier intraday highs on U.S. CPI data
Shares climb but were sharply off earlier intraday highs on Thursday, after the release of US inflation data, which came hotter than expected.
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Shares climbed but were sharply off earlier intraday highs on Thursday, after the release of US inflation data, which came hotter than expected. Europe’s also pulled back from record high hit in the previous two sessions. Fears of higher-for-longer interest rates and the geopolitical woes start faltering sentiment. 

The general share index added 0.6% to close at 1182 points. Turnover amounted to 120 million euros. 

Among non-financials, Ellaktor rose 3.9%, Viohalco +3.7%, Mytilineos +2.9%. In contrast, PPC shed 2.9%.

Banks reversed early gains and closed 0.3% down. Eurobank lost 1.2%

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