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Hovering around 1,500 points | TheGreekDeal.com
Athens Stock Exchange
Hovering around 1,500 points
The Athens Stock Exchange is still hovering around 1,500 units as of today (17/5), with investors pulling back when they see significant resistances, but there are also attempts to absorb the gains.
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The Athens Stock Exchange remains at the edge of 1,500 units today (17/5), with investors hesitating at the sight of critical resistances, while there are also moves to assimilate the gains.

The market's attention is undoubtedly focused on the strong first quarter fundamentals, which continue to offer selective support at a time when international stock markets are at historic highs.

Against this backdrop, Athens Avenue is preparing to bid farewell to another positive week, with the 2024 yield so far exceeding a highly satisfactory +15%.

More specifically, in today's session, the General Index is up a subtle 0.13% to 1,493.62 points, gaining about two points compared to Thursday's close (1,491.71 points).

The arc of daily fluctuations extends to three points (from 1,491.87 to 1,494.30 points), with the turnover of transactions ranging at 4 million euros.

On the board, now, it is Elvalhalkor that stands out, making a rally of 3%. Viohalco is also up by at least 1.5%. Beyond that, banks are seeing small and cautious movements.

The banking index, as mentioned above, is almost unchanged at 1,311 points, with investors evaluating the first quarter figures and this year's distribution announcements.

Eurobank shares, after yesterday's multi-year highs, retreat to -0.67% and 2.086 euros, Alpha Bank shares rise to +0.42% and 1.6735 euros; and Piraeus and National Bank shares are stable at 3.87 and 8.36 euros, respectively.

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