Yesterday's rally continued on the Athens Stock Exchange, with the market breaking the 1,440-point barrier amid a strong upward movement of the international markets. The rise in share prices was accompanied by a significant increase in the value of transactions, while the total market capitalization was slightly below the 100 billion euro mark. The focus of investor interest was on bank shares and the Titan share.
It should be noted that the market had been looking for a dynamic reaction for several days, as the downward series that had preceded it had led the General Index below the critical technical support zones.
The recovery of the investment climate internationally due to the easing of geopolitical tensions in the Middle East, the unexpected upgrade of Greece's outlook to positive by S&P on Friday evening, combined with the return of bank shares to the forefront and portfolio placements in selected blue chips, gave the impetus that the Stock Exchange was looking for.
Among high-cap stocks, the biggest rises were recorded by Titan (+4.61%), National Bank (+3.99%), Alpha Bank (+3.64%), Eurobank (+3.36%), Viohalco (+3.04%), and Piraeus (+2.80%). On the contrary, shares of Ellaktor (-1.34%), Autohellas (-0.77%), and Lamda Development (-0.71%) recorded the largest decline.
Eurobank and Piraeus showed the highest trading volume, moving 8,811,714 and 8,746,796 shares, respectively.