
The Athens Stock Exchange confidently returned to growth, almost completely covering Wednesday’s session losses, while banks and blue chips supported the overall index and gave additional impetus to market momentum, which has recorded growth of more than 20% since the beginning of the year and in just two months , which is the highest in the world, approaching its 10th consecutive positive week.
Although it is possible that pullback sessions will follow, which may be indicated by the intense intra-session volatility that took place on Thursday, however, as domestic analysts note, it is important that buying interest in AHE remains.
In the statistics of the session, the General Index closed with an increase of 1.63% to 1119.25 points, and the turnover amounted to 110.94 million euros.
The Large Cap Index advanced 1.63% to 2,722.51 points, while the Mid Cap Index closed at 1,625.76 points, up 0.48%.
The general index closed yesterday with an increase of 1.63% to 1119.25 points.
Among non-banking blue chips, GEK TERNA stood out with a 4.06% gain, followed by TERNA Energy at +3.83%, while Autohellas, Titan, OPAP, Jumbo, HELLENiQ ENERGY and PPC posted over 2% gains.
On the other hand, OTE closed down 2.63%, while PPA (-0.54%) and Sarantis (-0.14%) closed with modest losses.
The banking index recovered from Wednesday’s fall, rising 2.48% to 902.88 points, while the Eurobank lost only 0.29%, while the National Bank closed at +4.67%, +3.57% from Alfa-Bank and +2.82% from Piraeus.
“Turbulence” in A.A. they are reasonable, especially given the previous rally and doubts about the sustainability of the upward trend in international stock markets, emphasizes Mr. Petros Steriotis, chief executive of CIF. “We certainly hold on to improving the investment climate on Athens Avenue and avoid the temptation to discount ceilings on both price and time to reach them, not to mention the combination of price and time,” the statement said. he emphasizes.
Source: Kathimerini

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