Correction for second day in a row

Correction for second day in a row | TheGreekDeal.com

Athens Stock Exchange

The domestic market struggled for a second day, although it partially covered the losses in the end.

Newsroom

03/04/24 • 17:54

TIME TO READ

1 min

The Athens Stock Exchange market continued its correction on Wednesday, with a weak reaction amid caution in international markets that the Fed will delay monetary easing.

Specifically, the General Index moved within a range of 16.91 points, found itself retreating up to 1,378.93 points. (-1.07%) but eventually limited its losses to 0.73%, closing at 1,383.69 points.

Turnover amounted to EUR 128 million, of which EUR 13.7 million through 23 packages (8 in Piraeus for EUR 4.7 million, 3 in ETE for EUR 2.4 million, 4 in El. Venizelos for EUR 2.7 million) with a transaction volume of 29.58 million pieces. The banking index, which was at 1,150 points (-1.71%) finally closed at 1,163.72 points down -0.54%, the FTSE lost 0.74% to 3,328.73 points, while the FTSEM mid-cap index fell to 2,294.07 points down 1.06%.

BANKS LED THE WAY

In banks, Piraeus firmly in first place in turnover with 25.48 million euros tested prices up to 3.662 euros (-2.8%) from where it reacted by limiting losses to 1.27% with a close at 3.72 euros. Similarly, National Bank from 6.97 euros (-2.1%) closed at 7.082 euros with -0.53% and a turnover of 17.32 million; Alpha was at 1.56 euros with -1.27% on transactions worth 8.48 million; while Eurobank diversified positively with a 0.6% gain at 1.776 euros and a turnover of 8.5 million.

In the other main sellers' picks, Jumbo lost 1.65% to 26.3 euros (on turnover of 3.3 million), OPAP fell 1.16% to 16.12 euros (6.6 million). ) Motor Oil closed at 27 euros down 2.17% (1.95 million), OTE closed at 13.7 euros down -0.6% (6.3 million) and Mytilineos, which posted gains of up to 1.27% (35 euros) closed at 34.12 euros down -1.27% (10.2 million).

On the other hand, Aegean had a positive day +1.92% (2.77 million), while ELVALCHALKOR with +1.27%, Autohellas with +0.3% and Cenergy with +0.14% (1.3 million) were still positive in the FTSE (apart from Eurobank). El. Venizelos at EUR 8.454 with -0.65% and a turnover of EUR 3.79 million, while Optima on the other hand, jumped 3.54% to EUR 8.49 with a turnover of EUR 895 thousand.