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Epsilon Net public offer gives buyers a boost | TheGreekDeal.com
Athens Stock Exchange
Epsilon Net public offer gives buyers a boost
Deals keep buyers alert on the Stock Exchange.
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The Athens Stock Exchange is immediately back in positive territory, receiving an extra boost from the strong demand for technology stocks after the deal for Epsilon Net, while investment sentiment is recovering internationally after yesterday's pressure exerted by the US GDP.

The market yesterday interrupted its bullish streak by coming under pressure that escalated in the last two hours after the unexpectedly weak US GDP reading in the first quarter (1.6% versus forecasts for 2.4%) caused a wave of global liquidation.

At the public offer price of €12 (+18.88%), Epsilon Net has already traded 700 thousand units (€8.9 million).

The deal is boosting the technology sector more broadly, with Quest rallying 5.4% and topping the FTSE, while in the mid-cap sector Profile is up +1.35%, Ideal +1.45% and Austriacard +2.7%.

And in the lower strata, Illyda jumps 11%, Logismos is up 4.3%, Q&R is up +3.8% and CPI is up +3%.

Otherwise, banks are moving coordinately upwards, Alpha at 1.6%, Piraeus at +1.1%, Eurobank at +1.2% and Ethniki at +0.7%.

With gains of more than 2% are PPC, Viohalhalco and Ellaktor, while in the other buyers' picks, strong upwards of more than 1% are OPAP, TERNA Energy, Motor Oil.

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