For yet another day the Athens market escaped the worst, this time under much more adverse conditions amidst a wave of international liquidations, as selective moves in index heavy securities brought the GC back to the 1,380 points area, limiting losses to a minimum.

Specifically, the General Index opened negatively and found itself retreating as far as 1,364 points (-1.6%) however at this point a reaction started which took it to 1,383.45 limiting the decline to -0.21%.

On a weekly basis, the main stock index recorded a loss of 2.73%, while since the beginning of 2024 it has gained 6.98%. The large-cap index fell 0.22%, while the mid-cap index declined 0.44%.

In banks, Piraeus firmly in the lead of the day's turnover with 20.5 million also gave help with +0.57% at 3.724 euros, National Bank with 14.2 million was slightly stronger at 7.1 euros with +0.28%, while Eurobank fell to 1.7805 euros with -0.98% (6.3 million) and Alpha lost 1.08% at 1.5535 euros. In other market moves on the FTSE, Elpe was up 0.49% (EUR 2m) ElvalHalcor was up from -2.89% to +0.32% (EUR 400k) Aegean was up slightly by 0.24% (EUR 1m) and Viohalco and TERNA Energy posted small gains of 0.19% and 0.17% respectively.

On the other hand, Quest fell 3.7%, Sarantis corrected -3.2% both with a turnover of 332k, Ellaktor closed -1.79% and index heavy Coca Cola further weighed on the session with -1.69%. Mytilineos fell 0.35% to EUR 33.88 with a turnover of EUR 8.9 million; Jumbo with -0.38% declined to EUR 26 with EUR 2.7 million; PPC was at EUR 11.35 with -0.44% (2.2 million) and GEK Terna at EUR 16.4 with -0.49% (2.3 million).

In the mid-cap sector, Austriacard was positively diversified with +2.7% but with low turnover (EUR 51k) with Intrakat reacting from -3.09% closing at EUR 5.2 with +0.39% and turnover of EUR 1.5m.