Despite the new rise in US inflation, which likely put an end to expectations of Fed rate cuts in June, the Athens stock exchange remained into positive territory.

Specifically, in a session of several swings but narrow range, the General Index moved up to 1,425.68 points (0.56%) turned negative to 1,412.91 points (-0.38%) after the reading was announced, but eventually found strength to hold the sign with +0.18% at 1,420.3 points.

Turnover was increased to EUR 135.74 million but mainly due to 24 packages with a cumulative value of EUR 23.8 million (11.6 million in 10 packages at ETE, 4.5 million in 3 packages at Piraeus, 3 million in 3 packages at OTE) with a trading volume of 31.98 million pieces.

The banking index closed down 0.15% at 1,232.19 points with Eurobank down 0.94% at 1.89 euros, Alpha Bank losing 0.24% at 1.65 euros, while Piraeus was unchanged at 3.93 euros and ΝΒΓ closed up 0.48% at 7.48 euros.

Among the other high-cap stocks, OTE (+2.95%), Ellaktor (+1.98%), GEK Terna (+1.57%) and Terna Energy (+1.44%) recorded the biggest increase. On the contrary, Elvalhalcor (-2.95%), EYDAP (-2.11%), Autohellas (-1.17%) and Quest Symmetries (-1.07%) saw the biggest decline.

In mid-cap Intralot lost its initial momentum (up to EUR 1.148 at +1.95%) but gained 0.7% to EUR 1.134, Intrakat rose 0.38% and Alumyl rallied 4.25% to EUR 2.7. Conversely, Intracom corrected -3% to EUR 3.54, Profile lost 2.5% and  Hellenic Exchanges fell 0.95%.