Share prices are recovering today (18.6.2024) at its inception MEETING on Stock Exchange in Athens, amid upward movement in European markets as well.
The market is trying to recover after three bearish sessions where the main stock index registered a total loss of 3.25%. The General Index of the Greek stock exchange at 11:00, stood at 1,416.77 points, marking an increase of 0.90%.
The value of the transactions amounted to 6.15 million euros. The large cap index rose 0.88%, while the mid-cap index was up 1.19%.
All high capitalization shares are moving in positive territory and the biggest increase was recorded in the shares of PPA (+2.41%), Ellaktor (+2.13%), Elvalhalcor (+1.99%), ELPE (+1.89%) , Motor Oil (+1.83%) and Ethniki (+1.73%).
40 stocks rose, 15 fell and 8 remained stable. The biggest increase was recorded in the shares: Moda Bango + 4.35% Medical + 4.00%, while the biggest decrease was recorded in the shares: Mathios Pyrimaha -3.02% and Ktima Lazaridis -2.23%.
European stock markets
European shares extended gains today (18.06.2024) at the start of the session after significant losses last week, with banking shares continuing their recovery.
The pan-European STOXX 600 rose 0.6% at 10:07 Greek time, with most sectors moving into positive territory and shares of travel and leisure companies leading the gains, jumping to 1.8%
Banks rose 1.4%, continuing to recover from last week’s 8% decline.