The Greek Deal.com
Buying euphoria with rally up to +3% in banks | TheGreekDeal.com
Athens Stock Exchange
Buying euphoria with rally up to +3% in banks
In the first session following the consecutive Easter holidays, buyers dominated the Athens Stock Exchange, demonstrating the exchange's continued aggressiveness.
Newsroom
TIME TO READ
1 min
Unsplash

In the first session following the consecutive Easter holidays, buyers dominated the Athens Stock Exchange, demonstrating the exchange's continued aggressiveness. All of this is happening while the goal of a 1,500-point takeover appears more and more attainable, particularly in the absence of an unanticipated negative shock.

In more detail, in today's session (the first of the current week), the General Index is up an impressive 1.33% to 1,471.69 points, gaining almost 20 points compared to the close on Thursday (1,452.24 points).

The arc of daily fluctuations extends to nine points (from 1,464.74 to 1,473.96 points), with a turnover of 87 million euros, of which 16 million euros are pre-agreed packages.

The banking index is setting the stage for new 8-year highs, as today (8/5) it is up +2.02% to 1,274 points, while the market is counting down on the dividend issue.

The shares of Piraeus Bank expand to +2.91% and 3.861 euros; the shares of NBG climb to +2.61% and 8.014 euros; Alpha Bank's share trades at +2.33% and 1.6225 euros; and Eurobank's share follows at +0.50% and 2.03 euros.

In the high-cap index (+1.52% and 3,577 points), Cenergy's shares soar +4.7% and reach an all-time high of 8.3 euros. Viohalco also shows a strong rise, which rises +2.7% and recovers 6 euros. Beyond that, around +2% is the change for the shares of Coca-Cola, Jumbo, Titan, and Elvalhalkor. The shares of Aegean, PPC, Hellaktor and OTE follow with gains of more than 1%. The share of Mytilineos, on the other hand, is up 1.6% and is approaching the historical high of 39 euros.

As for the mid-cap index (+0.19% and 2,370 points), the share of HKEE expands +1.2% and 5.2 euros, benefiting from the broader stock market euphoria. Austriacard and AVAX shares are also up +1%, trading at 6.3 and 1.4 euros, respectively. On the flip side, shares of Ideal, Intrakat and Premia lose 1% each.

READ ALSO