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Cautious moves from the buyers after two day rally | TheGreekDeal.com
Athens Stock Exchange
Cautious moves from the buyers after two day rally
Cautious rise on the Athens Stock Exchange
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Continuing the upward reaction, the Stock Exchange is attempting to give a continuation to the upward reaction, moving for the third consecutive day upwards, even with small gains, having on its side today the upgrading of the investment climate internationally. In particular, the General Index is moving at 1,421.17 points with a gain of 0.24% and turnover at 14 million euros, while 3 million pieces have been traded.

The banking index is down 0.08% at 1,232 points, the FTSE is up 0.2% at 3,438 points, as is the mid-cap FTSEM which is up 0.49% at 2,350 points.

Without any particular changes for the moment are the banks, where with two packages with a cumulative value of about 6 million euros, National Bank remains essentially unchanged, Eurobank, which stood out with a 5.4% rally yesterday, is down by 0.2% and Piraeus by 0.4%, while Alpha is slightly stronger by 0.35%.

Boosting the market is PPC with +1.3% after the strong results announced yesterday, reinstating the dividend distribution after 10 years (0.25 euros per share).

OTE is up 0.9%, OPAP is up 0.85% and index heavy Coca Cola is up 1.1%, while Ellaktor tops the FTSE with +1.6%.

On the other hand, Quest is slightly negative at -0.35% and GEK Terna at -0.25%. In the mid-cap sector Intralot puts in a bullish reaction at +1.6% and ADMIE is up 1.1%, while Intracom retreats slightly by 0.4% after jumping 6.6% yesterday. 

Beyond that, up 0.6% is El. Venizelos while March's star performer Optima is slightly down -0.1%.

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