
At slightly higher levels, the stock market closed yesterday’s session against the background of the downward movement of the European grounds and the negative opening of the indices on Wall Street.
Intra-session liquidations, which occurred mostly in the banking sector to lock in some short-term gains, were largely absorbed by the rise in other index-weighted stocks. The general price index closed at 894.37 points, recording a slight increase of 0.13%. The value of the transactions amounted to 56.03 million euros, of which 12.7 million euros accounted for transactions with packages.
The large-cap index rose slightly to 0.12%, while the mid-cap index slipped slightly to 0.04%. Of the large-cap stocks, Quest Participation (+3.42%), Sarantis (+2.38%), OTE (+1.90%) and Coca Cola HBC (+0.83%) posted the biggest gains. On the contrary, the largest decline was recorded by Piraeus (-2.13%), Viohalco (-2.08%), Alpha Bank (-1.45%) and Lamda Development (-1.18%).
Of the individual indices, the largest growth was shown by financial services (+2.09%) and telecommunications (+1.89%), while the largest losses were the indices of trade (-1.98%) and real estate (-1.09%).
???????????????????????????????????? ???????????????????????????????????? ???????????????????????????????????? ???????????????????????????????????? ???????????????????????????????????? ???????????????????????????????????? European equities ended yesterday’s session with losses, and eurozone bond yields edged higher after data showed UK inflation jumped to a 40-year high of 10.1% in July. Concerns about the need for further tightening of monetary policy came to the fore again, while other economic data showed that Eurozone growth in the April-June quarter strengthened somewhat, although not as much as expected. The pan-European STOXX 600 index closed down -0.91%, the biggest daily drop in more than a month, ending a five-day rally. In London, the FTSE 100 closed yesterday’s session down -0.27%, DAX down -2.04% in Frankfurt, CAC 40 down -0.97% in Paris, FTSE MIB down -1.04% in Milan and IBEX down -0. .91% in Madrid. The yield on German 10-year bonds reached 11 bp. up to 1.08%. Finally, although European stock markets have recovered from their June low, they are still struggling in August due to recession fears, rising inflation and problems due to the low Rhine.
Source: Kathimerini

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