An impressive one 50% rally “running” since the beginning of year n Alternative Market (EN.A) in Stock Exchange of Athens which despite folding over the past few weeks remains within striking distance of May’s historic high (15,020 units).
Today, the main indicator of EN.A. numbers of more than 14,000 units, which offer impressive returnwhich exceeded the Main Market (+12% this year change in the General Index).
6+1 protagonists
Undoubtedly, the explosive rise of EN.A. largely due to a group of 6 + 1 stocks, which suffered a sharp jump since the beginning of 2024.
With a market capital of 122 million euros, which would be the envy of many companies listed on the Main Market, the Middle Cairo was the leader of this rally, which registered a change of +120%.
Equally impressive are the performances of the remaining three listed special purpose companies, resulting from recent securitizations of “red” bank loans. So, his stock Phoenix Vega its stock rose 78% Sunrise of 62% and its share Galaxy Cosmos at 49%. It should be seen that the faster a loan “greens”, the greater benefit for the above companies.
On top of that, the rally dance is also being dragged by technology companies Performance Technologies and Real Consulting, showing a return of + 45% and + 37% respectively. In this way, their market value increased to 96 and 77 million euros. In fact, both are in the process of moving to the Main Market of the Stock Exchange, with Performance already starting the relevant process, which is expected to be completed within the next few months.
In this “golden” five of EN.A. we must also include his share Dotsoftwhich although has a clear smaller capitalization (€31 million), shows a 127% rally in 2024, with more than double its value.
The image of the rest of the board
The parts of Doppler, Foodlink and Mediterranean, showing gains of 24%, 10% and 5.5%, respectively. Recall that Doppler recently attracted the interest of the investment fund of Nikos Karamouzis, which acquired 35% of its share capital.
On the other hand, Euroxx unchanged since the beginning of the year, while the shares of Inside, OPTERN and With they lose from 10% to 18%.