After the promised start to open the meeting, the sellers they take the reins and set the momentum on stock exchange, twhich operates in “red”. Its share made a new big “dive” of more than 2% National Bank.
European markets recorded heavy losses after the FED’s decision to keep interest rates unchanged and predicted a cut until the end of 2024.
The local market continues to balance itself around the critical level of 1,450 units. Macroeconomic news and business deals that have been closed or are about to be completed are a point of reference. The government’s intention to repay loans worth 8 billion euros ahead of schedule, according to the prime minister, has affected the view of investors on the situation emerging in the Greek economy. On investors’ radar are the pending sale of TERNA Energy to Saudi Masdar and Elektor’s acquisition of Motor Oil.
In the euro markets, the mood is completely reversed compared to yesterday and the main stock exchanges recorded significant losses. Germany’s DAX fell -1.25%, Britain’s FTSE 100 fell -0.56% and France’s CAC 40 fell -1.31%.
Stocks and indices
The General Price Index stood at 1,445.03 units, marking a drop of -0.43%. Intra-sessionally it recorded a higher price of 1,457.35 units (+1.02%). The value of the transactions amounted to 26.49 million euros.
The large cap index declined -0.42%, while the mid-cap index declined -0.27%. The bank index dropped -0.97%.
Among the high capitalization shares, the biggest increase was recorded in the shares of Lamda Developpent (+1.65%), OPAP (+1.36%) and Aegean Airlines (+1.11%).
On the contrary, the biggest decrease was registered in the shares of Ethniki (-2.05%), Mytileneos (-1.37%) and Coca Cola HBC (-0.94%).
44 stocks increased, 54 decreased and 18 remained stable.