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Reaction for a second day with a new bank stocks rally | TheGreekDeal.com
Athens Stock Exchange
Reaction for a second day with a new bank stocks rally
Αthens Stock Exchange counterattacked with a 2.5% gain over the two-day period
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The Athens Stock Exchange immediately recovered the majority of last week's losses thanks to buyers dominating for the second day in a row and regained contact with its most recent 13-year highs, driven by banks and Mytilineos.

In particular, the General Index stabilized positively early in the trading session and maintained an upward trend until the end, ending at 1,417.75 points with a gain of 1.17%, close as yesterday to the highs of the day (1,419.26 points with +1.28%).

The banking index continued unabated with a new 3.18% jump to 1,234 points, the FTSE gained 1.69% to 3,431.92 points, and the mid-cap FTSEM underperformed with small gains of 0.39% to 2,338.71 points.

Eurobank, which had lagged a bit yesterday (+1.69%), rallied 5.41% to €1.908 (€16.6m turnover) Alpha Bank finished at €1.654 with +2.1% (€11.3m) National Bank at €7.45 with +2.48% (€17.45 million) and Piraeus at 3.93 euros with +2.53%, having returned to the top of the turnover (19.2 million euros) after the short pause yesterday, against the backdrop of strong demand for its new exit to the markets.

Mytilineos jumped 4.08% to €35.74, continuing yesterday's 1.3% rise, while also posting the fourth highest turnover of the day at €12.77 million. Beyond that, Jumbo with 4.3 million was up 1.15% at 26.3 euros and OPAP at 16.19 euros with +0.5% on transactions worth 4.49 million. Stasinopoulos Group shares continued to perform strongly for a second day, with Viochalco at 5.42 euros (+1.69%) and Elvalhalkor at 1.968 euros (+1.55%), and Lamda gained 1.51% to 6.74 euros, while index heavy Coca-Cola provided a further boost with +0.58%.

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