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Managed to maintain close to 13-year highs | TheGreekDeal.com
Athens Stock Exchange
Managed to maintain close to 13-year highs
Athens Stock Exchange remained almost stagnant in the 1,490 area (13-year highs), while sellers tried to liquidate some of the recent gains, which for 2024 exceeded +15%.
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The mild profit taking failed to bend the Athens Stock Exchange, which, with interest in the corporate results of Alpha and Eurobank and amid a subdued climate in the euro markets, managed to maintain close to 13-year highs and within striking distance of 1,500 points.

Thus, the Greek market remained almost stagnant in the area of 1,490 points (13-year highs), while sellers tried to liquidate some of the recent gains, which for 2024 exceeded +15%.

All this while investors' attention was mainly focused on the first quarter corporate financial results, with Helleniq Energy, Alpha Bank and Eurobank standing out from the list.

More specifically, during today's session, the General Index declined marginally by 0.13% to 1,491.71 points, losing just two points compared to Wednesday's close (1,493.65 points).

The banking index, despite intra-day losses, managed to close in marginally positive territory, as it ended up +0.16% and 1,311 points.

Eurobank's share gained +2.09% and EUR 2.10 (a new 8.5-year high), Alpha Bank's share rose +1.58% and EUR 1.6665, Piraeus' share traded -0.46% and EUR 3.866, while National Bank's share slipped -1.76% and EUR 8.35.

In the large-cap index (+0.05% and 3,619 points), Helleniq Energy's shares declined by 1.7% and corrected from 4.5-year highs ahead of the afternoon quarterly figures announcements. Jumbo was also down 1.7%, while Lamda shares lost 2.5%. Quest and Aegean, meanwhile, fell 1.8% and 1.3%, respectively. On the other hand, OTE and Mytilineos shares gained 0.8%, with Terna Energy, EVDAP, GEK Terna and Viohalco trailing between +0.5% and +1%.

As for the mid-cap index (+0.25% and 2,392 points), Intralot's shares stood out positively at +2.1% and €1.16, recovering from the recent accumulation. Shares of ADMIE and Kri Kri also rose more than +1.8%, while shares of Intracom Holdings, Profile, Premia, and Lavipharm expanded by at least 1%. In contrast, EXAE and Intrakat lost 1.8% and 1.1%, respectively.

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