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Small lead for sellers at the close of a strong month | TheGreekDeal.com
Athens Stock Exchange
Small lead for sellers at the close of a strong month
The Athens Stock Exchange remains above 1,450 points for the 3rd consecutive session, with investors engaging in cautious positioning.
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With profit-taking moves and small fluctuations, Athens Stock Exchange is still moving on the last day of April, as investors worldwide await the new macroeconomic data for the Eurozone.

Specifically, the General Index is trading at 1,450 points with a 0.3% decline and turnover at 50 million euros as the packages for the Austriacard placement pass and volume at 10 million units.

The banking index is down 0.75% at 1,246 points, the FTSE is down 0.23% at 3,526 points, as is the mid-cap FTSEM at 2,367 points down -0.29%.

Athens Stock Exchange  today concludes a month that has seen big swings but ultimately turned positive, with the GC making new highs since 2011 after geopolitical tensions in the Middle East eased and entering the last session of April up +4.4% on the whole. Over the same period the banking index has outperformed with +7.37%, the FTSE is up +5.67% while the FTSEM has lagged behind with +1.3%.

After another strong quarter, index heavy Coca Cola which saw its revenue increase by 12.6% is up 1.6% giving support to the market, with Viohalco close in at +1.2%.

Banks are down, with sellers focusing on Piraeus which weighs on the board at -2.4%, indicating that they had discounted its strong first quarter numbers, with a profitability of 233 million and a return on equity of 16.5%

Unchanged is NBG despite becoming the first bank to regain investment grade, with Alpha down 0.5% and Eurobank up slightly by 0.25%.

Jumbo and Titanas are also corrective, down around 0.9%, with shares in Terna Group slightly down after their own results yesterday.

In mid-cap Austriacard is down 1.21% having a turnover of 32.8 million all in the 5 placement packages, Epsilon continues steady at the public offer price of EUR 12 with 2.3 million, while Kri Kri after yesterday's correction is up 2.35% today.

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