Without losing its composure, the Athens Stock Exchange is making a measured consolidation of recent gains, showing signs of reasonable fatigue after a streak of six consecutive upward sessions.
This, of course, is in no way a cause for concern for investors, who see sentiment in the Greek market as having recovered significantly, while the key index remains within breathing distance of the 1,450 resistance level and the 13-year highs.
Against this backdrop, the General Index is absorbing the gains, resulting in a small decline of 0.17% to 1,446.29 points, losing just 2.5 points compared to Wednesday's close (1,448.70 points).
The arc of daily fluctuations extends to 10 points (from 1,438.21 to 1,448.71 points), with a turnover of 52 million euros, of which 10 million euros are pre-agreed packages.
The banking index, after yesterday's 8-year highs, partially corrects to -0.30% and 1,260 points, while the year-to-date change is an impressive +20%.
The National Bank share retracts to -0.60% and 7.61 euros, the Eurobank share slides to -0.50% and 2.007 euros, the Piraeus share falls to -0.75% and 3.97 euros, while the Alpha Bank share strengthens to +1.04% and 1.644 euros, as it partially underperforms the other banks.
In the large-cap index (-0.20% and 3,526 points), Cenergy's shares are down -1% and 7.49 euros, moving slightly away from historical highs. Shares of Viohalco - Motor Oil also show losses of 1%, while GEK Terna loses 0.8%. Mytilineos shares are almost stable at EUR 38.1, after the first quarter financials and the confirmation of the dual listing scenarios. On the other hand, PPC and Helleniq Energy gain 0.7% and 0.6%, respectively.
As for the mid-cap index (-0.08% and 2,312 points), Epsilon Net's shares have been suspended from trading, due to reports of a foreign takeover. Management, in a statement, confirmed the existence of interest and reserved the right to inform the public after the completion of the deal. Beyond that, shares of Fourlis, EYATH, Kri-Kri and Techniki Olympiaki are down 1%, while Profile's shares soar +3% to €4.5 amid a broader boost in the tech sector.
