2024-05-01 22:53:46
Another positive month – the third in 2024 – is preparing to say goodbye today Athens Stock Exchangewhich is at its highest level in 13 years, amid a generalized buying euphoria, which is eloquently reflected in the performance of more and more blue chips (and more).
With a double-digit increase
It is indicative that, during April, Eurobank achieved a return of more than 10%, climbing into the €2 region for the first time since November 2015. In fact, this resulted in the company’s market value reaching €7.5 billion, consolidating its presence in the 1st place among the most valuable banks and 2nd among the most valuable banks listed on the A.H.A.
Her course was also excellent Jumbo, which in the previous 30 days showed a change of 9.5%, reaching all-time highs of 28 euros and pushing its market capitalization close to 4 billion euros. Its stock followed closely behind Titan Cementwhich continued the dynamic rally in 2024. Thus, in 2024, it added an additional +8.5% to its value, which is now estimated at at least 2.2 billion euros, or 29 euros/share.
The man who made 56 million euros from the deals in Epsilon & Entersoft
Historical highs
At the same time, its stock Cenergy is at an all-time high as it prepares to bid farewell to April from €7.6, achieving a return of at least +6.5% within the month. Therefore, its market value reaches 1.5 billion euros. Special mention should be made to OTE, which thanks to +6.5% in April, has recovered more than 14 euros. Of course, the upside remains high, given the consistent underperformance of the previous months.
From there on, the big “protagonists” of the month include Mytileneos, which, leaving behind the accumulation, has returned to the area of 38 euros, recording an increase of 6% during the month. And let’s not forget, on the one hand, the confirmation of the scenarios for an imminent entry to the London Stock Exchange, on the other, the highly satisfactory figures of the first quarter of 2024.
To the group of blue chips, which stood out in April, we could add four more listed companies, which managed to make the… leapfrog. The reason for the Lamda Developmentwhich returned to around 7 euros/share, on Participation Questwhich recovered to 6 euros/share, the Sarantiswhich continued the great rally of 2024 (over +40%), but also the Coca Cola, which managed to cross the threshold of 30 euros/share.
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Large-cap stocks with the biggest gains in April
• Εurobank +12%
• Jumbo +9,5%
• Titan Cement +8,5%
• OTE +6.5%
• Cenergy +6,5%
• Mytileneos +6%
• Lamda Development +3,5%
• Quest Participations +3.5%
• Sarantis +3.5%
• Coca – Cola +3%
(The above is a product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)