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Marginal gains and limited trading activity | TheGreekDeal.com
Athens Stock Exchange
Marginal gains and limited trading activity
Today, May 5, marked the end of the Athens Stock Exchange's fourth straight positive session.
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The Athens Stock Exchange completed its 4th consecutive positive session today (10/5), which continued in the green in May, absorbing any consolidation moves and climbing to another 13-year high.

The road to the next target of 1,500 points is now... wide open, with positive sentiment abroad, successive business deals, and satisfactory fundamentals supporting the ongoing upward movement. At the same time, the Greek market bid farewell to the week with an overall +2.2% change, which lifted this year's return to over +14%, while a number of listed companies are hitting multi-year or historical highs.

More specifically, during today's session, the General Index rose mildly by 0.46% to stand at 1,484.06 points, gaining about seven points from Thursday's close (1,477.22 points).

The banking index managed to maintain a positive trajectory and reach a new 8-year high, as it ended today at +0.90% and 1,290 points.

Piraeus Bank shares rose +2.12% and EUR 3.86, Alpha Bank shares followed at +1.01% and EUR 1.644, Eurobank shares traded +0.68% and EUR 2.079, and National Bank shares closed +0.10% and EUR 8.10.

In the high-cap index (+0.36% and 3,598 points), Titan Cement's shares climbed +1.1% and 31.5 euros, reaching another all-time high thanks to the prospect of a listing on the New York Stock Exchange. Aegean and Ellaktor shares gained more than 2.5%, while Motor Oil and EYDAP followed at +1%. On the flip side, controlled losses of 1.7% were exerted on Cenergy's shares, while Viohalco and Elvalhalkor declined by 1%. Finally, Jumbo's shares failed to react after yesterday's plunge, limiting the share price to -0.7% and EUR 27.6.

As for the mid-cap index (+0.87% and 2,392 points), Profile shares stood out at +5.8% and 5.10 euros, which represented a new all-time high. Beyond that, the shares of EXAE gained 1.88%, with shares of PPA, ADMIE, Fourlis, and Intrakat following by more than +1%. On the other hand, shares of Techniki Olympiaki contracted -2.4% to EUR 2.7, while Dimand shares lost 1.1%

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