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Small losses and low turnover in wake of ECB announcements | TheGreekDeal.com
Athens Stock Exchange
Small losses and low turnover in wake of ECB announcements
Small low cost retreat on the Athens Stock Exchange.
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The Athens Stock Exchange ended a session of low turnover with small losses, but again showed resistance to international pressures as investors assessed the positions of Christine Lagarde at the new ECB meeting and sellers maintained the reins internationally after yesterday's new increase in US inflation.

In particular, the General Index stabilized in negative territory shortly after the opening and remained there until the close at 1,416.53 points with -0.27%, having moved within a narrow 10.47 point range.

Turnover reached EUR 100 million (99.29), but only 74.8 million were on the board.

In banks, Eurobank diversified positively at the end, with a small gain of 0.26% to EUR 1.895 and a turnover of €7.8 million.

Piraeus declined 0.3% to 1.895 with 10.3 million; National Bank finished at 7.45 euros with -0.48%; and for the second day, it topped the turnover with 16.7 million, with Alpha under most pressure at 1.634 euros with -0.97% but with a low turnover of 2.9 million euros.

Mytilineos started strongly with buying up to EUR 36.42 (+1.8%) but eventually retreated to €35.62 with -0.45% with a high turnover of €9.49 million; Jumbo slipped to EUR 26.28 with -10.5% (3.3 million) and ΕLPE to EUR 8.29 with -1.07% (1.4 million).

With a high turnover of 9.3 million, PPC marginally gained 0.17% to 12.02 euros, OTE continued upwards today with +0.84% to 14.45 euros (5.7 million), and Motor Oil returned to positive territory with +1.05% to 26.88 euros (3.3 million), finishing at the top of the FTSE.

Still with losses of more than 1% in high capitalization were Hellactor, Quest, Sarantis, and Cenergy.

The mid-cap showed downward trends with Kri Kri correcting -2.5%, PPA at -1.9%, and Profile at -1.85%, while Austriacard diversified positively with a 3.5% jump to €6.5.

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