2024-05-22 08:28:41
He confirmed affordable fatigue at this time (21/5). Athens Inventory Alternatewith traders making a… transient cease, after the climbing to 1,500 modelsdashing to assimilate 13-year highs.
The liquidations had been completely managed, with out taking over massive dimensions, with the sturdy fundamentals of the primary quarter to supply selective helps.
In some way, h efficiency of the Greek market reaches +16% in 2024with Could sustaining the constructive signal, persevering with the spectacular rally that has been “working” since final October (round +35%).
Extra particularly, throughout at this time’s assembly, Mr Normal Index famous small down 0.43% and shaped on 1,496.35 modelsdropping 6.5 factors from Monday’s shut (1,502.79 factors).
The arc of the diurnal fluctuations was set at 11 factors (from 1,492.80 to 1,503.68 factors), with the transaction turnover to vary at 164 million eurosof which 58 million euros had been associated to successive packages at Nationwide.
Inventory market: Optima financial institution price 860 million euros – 60% rally since IPO
On the board, now, his share AIA misplaced about 2.5% because it traded as of at this time with out the correct to the dividend. On the similar time, a drop of greater than 3% was proven by Motor Oil. However, Cenergy “flew” to eight.8 euros, whereas the Optima Financial institution reverted to historic document of 11.6 eurosboosted by the passable outcomes of the primary quarter.
Small losses within the banks
The banking index, after hitting new 8-year highs, made a brief “pause”, ending at -0.24% and 1,334 models.
Her inventory Nationwide Financial institution fell to -0.82% and eight.45 euros, with a complete turnover of greater than 50 million euros. From then on, her inventory Eurobank decreased to -0.42% and a couple of.132 euros, its share Piraeus closed at -0.16% and three,844 euros, whereas its share Alpha Financial institution strengthened to +0.94% and 1.768 euros.
The image on the dashboard
Within the high-cap index (-0.44% and three,642 factors), the share of Motor Oil folded to -3.3% and 26.9 euros, shifting away barely from the historic highs (28 euros). On the similar time, the shares of Jumbo, OPAP and Autohellas. On the opposite aspect, Cenergy and Viohalco had been strengthened by 3%, on account of which the previous reached new historic highs (8.8 euros). Its share additionally elevated by 2.5% Elektor.
As for the mid-cap index (+0.04% and a couple of,401 factors), the inventory of ADMIE stood out positively at +3.6% and a couple of.29 euros, with the shares of Fourlis and Lavipharm to earn about 2%. Conversely, the shares of Premia, Profile, PPA and Aluminum misplaced not less than 2%, whereas the shares of Intracom Holdings and Intralot contracted by virtually 1.5%.
Total on the inventory market, 35 shares superior, 56 shares declined, whereas 27 shares remained unchanged. THE capitalization of the market ranged at 103.2 billion euros.
The best turnover
- Nationwide -0.82% 50.6 million euros
- Eurobank -0.42% 18.1 million euros
- Piraeus -0.16% 15.1 million euros
- OPAP -1.11% 10.1 million euros
- Alpha Financial institution +0.94% EUR 10.0 million
The most important rise
- Vogiatzoglou +8.13% 117 euros
- SATO +7.94% 1,039 euros
- Kepenou +4.00% 143 euros
- Q&R +3.70% 118,983 euros
- ADMIE +3.61% 715,865 euros
The sharpest fall
- Plastics of Crete -3.75% 13,273 euros
- Kyriakoulis -3.58% 3,315 euros
- Eurofarm -3.55% 31,834 euros
- Motor Oil -3.330% 5.5 million euros
- Petropoulos -3.23% 99,286 euros
Parashis: The 28 years in El. Venizelos and the primary dividend of the brand new “period”
Assimilation of younger excessive 13 yr olds
THE stabilization within the space of 1,500 models is the brand new “wager” for the Athens Inventory Alternate, after yesterday’s climbing to the very best ranges since April 2011.
The Normal Index, which gives a return of 16% in 2024, it’s referred to as to defend the acquiredwhich represent a historic milestone for the course of the home market.
Let’s not overlook that the continuing uptrend, which began from the October lows (1,111 factors), is headed for its seventh consecutive month, having led to a spectacular rally of over 35%.
It’s sure that some traders will attempt to capitalize on the momentum and to liquidate a portion of their income, “digesting” 13-year highs and inflicting a wider volatility.
On the Inventory Alternate Dashboard: Coca Cola’s 4-year highs and Aegean’s “strengths”.
Nonetheless, however, the consumers they juxtapose the highly effective fundamentals of listed firmswhich proceed to supply selective help given the extremely passable Q1 2024 bulletins.
Yesterday, PPC introduced monetary figures, whereas this morning it was their flip Optima Financial institution. We’re ready for her within the afternoon Fourliswhereas through the week we even have the Quest Participations (22/5), ELVALHALCOR (22/5), Lavipharm (23/5), Supreme Holdings (23/5), Aegean (24/5).
And a few shares could determine in multi-year highs or all-time data, however there are nonetheless a number of, which have admittedly been left behind, with enough space for enchancment. With what this implies for the course of the Normal Index.
Let’s not overlook that on Wednesday (29/5) the official selections on the modifications within the FTSE 25 index; which can come into power at first of June.
Cease for Stoxx, Wall Road
Overseas, now, the constructive momentum appears to be beginning to fade, with internationals inventory markets to digest the current historic highs, pausing briefly for “breaths”.
Thus, the pan-European Stoxx 600 registers small losses (-0.36%) in at this time’s session, whereas the course of the principle indicators in Wall Roadthe place the Nasdaq hit yet one more document yesterday.
On the Inventory Alternate Dashboard: Coca Cola’s 4-year highs and Aegean’s “strengths”.
(The above is the product of journalistic analysis and doesn’t represent an invite to purchase, promote or maintain any inventory)