2024-09-01 09:43:30
With the General Index continuing the image of stagnation of the last few days, the Athens Stock Exchange completed another five-day period with marginal and lackluster fluctuations (-0.1%), giving a new extension to the sluggish climate of the current period.
However, there were also some stocks (five of the Large Cap and five of the Mid Cap), which managed to stand out in this mediocrity and to add special interest to an otherwise (almost) uneventful week.
The blue chips that “starred”
OR Coca-Cola was one of those cases, with the index-weighted stock gaining cumulatively +4% in the last five days, returning above 33 euros and “scissoring” the distance from the recent 4-year highs of 34 euros to just -2%. Somehow, the capitalization of the listed company has returned to the limits of 12.5 billion euros (No. 1 most valuable company on the board).
Its stock followed closely behind Motor Oilwhich, despite reasonable outflows due to the deletion from MSCI Standard Greece, recovered and returned (albeit temporarily) to the area of 22 euros. The result? Profits +2,6% during the week.
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OR Jumbofor its part, tried to recover from the recent 15-month lows (21.6 euros) and largely succeeded, as it said goodbye to the five-day high from 22.8 euros (reached up to 23 euros), a product of the rise by +1,2% in the last fortnight.
At the same time, its stock Autohellas found significant supports at 11 euros and thanks to the weekly +4,3% returned to the fringes of 11.5 euros.
His share Athens International Airportfinally, continued the course of the comeback, having hopefully climbed to 7.9 euros (+1,2% per week).
The “mediums” that stood out
In the Mid-Cap, investors may well pick out at least five stocks that stood out for their weekly performance, providing valuable supports to the index. The reason for:
a) her Optima Bankwhich won 8,1% and soared to a record high of 13 euros,
b) the Fourliswhich returned to 4 euros (+5,9%) thanks to the deal with FootLocker,
c) her Intralotwhich was strengthened by 4,5% and took another step of convergence towards the top of 1.27 euros,
d) him PPAwho with the +2,2% recovered the 27 euros and
e) her Olympic techniquewhich finally came off the 2.3 euro (+2,4%)
The Cap and Mid Cap stocks that stood out for the week
1. Optima +8,1%
2. Fourlis +5,9%
3. Intralot +4.5%
4. Autohellas +4.3%
5. Coca Cola +4.0%
6. Motor Oil +2,6%
7. Technical Olympic +2.4%
8. PPA +2.2%
9. Jumbo +1,2%
10. AIA +1.2%
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(The above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)