Today, May 5, the Athens Stock Exchange maintained its upward trend as buyers grew weary, withstood intraday pressures, and guided the market to yet another positive close.

The primary stock index managed to hold above 1,470 points for the second straight session, moving closer to the major objective of 1,500 points, which is currently a little over 20 points away.

Positive sentiment abroad, successive business deals, and strong fundamentals are undoubtedly the main pillars of the upward movement, with several listed companies hitting multi-year highs.

More specifically, despite mild losses for most of the session, the General Index closed with a slight increase of 0.25% at 1,477.22 points, gaining 3.5 points compared to Wednesday's close (1,473.53 points).

The arc of daily fluctuations was fixed at 10 points (from 1,467.59 to 1,477.88 points), with a turnover of 280 million euros, of which 152 million euros were pre-agreed packages.

The strongest package "passed" to Jumbo, with Apostolos Vakakis transferring 3% at a price of 27.2 euros/share (108.8 million, the value of the deal). The large discount, as was understandable, exerted significant pressure on the share, which plummeted by 7%.

Beyond that, banks were mixed, with Eurobank standing out at +1.5%. At the same time, Titan climbed to €31, thanks to the imminent listing of its US subsidiary on the New York Stock Exchange, while PPC "flew" to +3.6%.

The banking index managed to stay in positive territory, as despite the intra-day volatility, it gained +0.20% and 1,279 points.

Eurobank shares rose +1.52% and EUR 2.065, Alpha Bank shares followed at +0.43% and EUR 1.6275, Tr. Piraeus traded at -0.24% and EUR 3.78; and the share of National Bank decreased by -0.74% and EUR 8.08.

In the high-cap index (+0.08% and 3,585 points), Jumbo shares contracted to -7.3% and 27.8 euros, as investors rushed to close the discount to the 3% offer price (27.2 euros). Less pressure was exerted on Motor Oil, which fell 0.6%. Mytilineos shares, meanwhile, were almost unchanged at 39 euros. On the opposite side, Titan Cement's shares soared +3.6% to 31.2 euros, thanks to both satisfactory first quarter figures and the intention to list the US subsidiary on the New York market. PPC also jumped 3.6%, while shares of Terna Energy, OTE, Lamda and Helleniq Energy finished above +1%.

As for the mid-cap index (+0.06% and 2,371 points), the shares of EHAE stood out positively at +3.1% and 5.32 euros, benefiting from the positive sentiment in the broader market. On the other hand, shares of Fourlis, Premia, AVAX, ADMIE, Alumyl, and Techniki Olympiaki lost between 1% and 1.8%.