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Marginal losses - Jumbo plunges 6% | TheGreekDeal.com
Athens Stock Exchange
Marginal losses - Jumbo plunges 6%
The Athens stock exchange is trying to stop the pressure from Jumbo's plunge today.
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The General Index is moving with marginal changes today on Athens Stock Exchange with Jumbo's shares being the focus of interest, as it recorded losses of 6.67% after yesterday's placement of 3%

As reported by Bloomberg, all eyes are on Jumbo as it increased its placement of shares through placement, reaching 4 million shares from 2 million shares - or about 3% of the shares. It is noted that the placement price of €27.20 per share represents a 9.33% discount from Wednesday's close.

During yesterday's session, the General Index closed the day with strong gains and a high turnover of €210 million, surpassing the 100-day average of €135 million, with trading in the banking sector accounting for more than 50% of the total. 

The banking index is up 0.15% at 1,278 points after yesterday's 2.2% rally, while the FTSE is down 0.28% at 3,572 points and the FTSEM mid-cap is down 0.25% at 2,376 points.

In the high-cap index (-0.22% and 3,574 points), Jumbo's share shrinks to -7% and 27.90 euros, as investors close the discount to the offer price of 3% of the share capital (27.2 euros). Less pressure is also exerted on ElvalHalkor, which narrows by 1% and folds to 2 euros. Mytilineos shares, on the other hand, fall by 0.2% and marginally lose 39 euros. On the flip side, shares of Quest Symmetries - Ellaktor - GEK Terna - Terna Energy are up more than 1%, while Autohellas shares expand by 0.9%.

As for the mid-cap index (+0.31% and 2,377 points), the shares of Techniki Olympiaki stand out negatively at -2.1% and 2.8 euros, while Lavipharm's shares also show losses of 1%. On the other hand, shares of Ideal, EXAE, Intracom Holdings and Kri Kri

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