Athens Stock Exchange Flourishes Despite Adversity

Athens Stock Exchange Flourishes Despite Adversity

The Athens Stock Exchange closed with a rise of 0.78% in the session on Wednesday, October 18. The turnover of share transactions was 76.07 million euros.

Against the downward movement of the European markets, on the Athens Stock Exchange, share prices moved upwards, with the market approaching the levels of 1,180 units.

The General Price Index closed at 1,178.88 points, up 0.78%.

Intra-session recorded a higher price at 1,183.57 units (+1.18%)

The value of the transactions amounted to 76.07 million euros, while 30,782,800 shares were traded.

The large-cap index rose 0.89%, while the mid-cap index rose marginally to 0.04%.

Of the high capitalization shares, the biggest increase was recorded by the shares of Piraeus (+3.86%), Terna Energy (+3.64%), Eurobank (+2.79%) and ELPE (+2. 68%).

On the contrary, the biggest decline was recorded by the shares of Quest (-1.30%), Titan (-1.18%) and Mytileneos (-1.12%).

Of the individual indices, the biggest increase was recorded by the indices of Banks (-2.27%), Financial Services (+2.11%) and Oil (+1.67%), while the indices of Technology (-1.06%) and Industrial Products (-0.97%).

The largest volume of transactions was presented by Alpha Bank and Eurobank, trading 9,382,627 and 3,350,168 shares, respectively.

The highest value of transactions was recorded by Alpha Bank with 11.81 million euros and National Bank with 11.22 million euros

50 stocks moved up, 45 down and 18 remained stable.

The biggest increase was recorded by the shares: Mermeren +9.04% and Moda Bango +6.73%.

The biggest drop was registered by the shares: Doremeas -6.34% and Sato -6.25%.

Stocks in the large-cap index closed as follows:

TITAN: 16.6800 -1.18%

ALPHA BANK: 1,2600 +1,04%

AEGEAN AIRLINES: 10,2400 -0,78%

VIOHALCO: 4,9950 +0,10%

GEK TERNA: 12.9400 +1.25%

PPC: 9.3400 +0.48%

COCA COLA HBC:24,4200 +0,49%

ELLAKTOR: 2.0000 -0.74%

ELPE: 6.9000 +2.68%

ELVALHALCOR: 1,6460 +1,98%

NATIONAL: 5.4400 +1.68%

EYDAP: 5.6200 -0.53%

EUROBANK: 1.5110 +2.79%

STOCK QUEST: 5.3100 -1.30%

LAMDA DEVELOPMENT: 6,1450 -0,16%

MOTOR OIL: 23,0400 +1,41%

JUMBO: 23,9000 -0,42%

MYTILINEOS:35,2000 -1.12%

PPA:19.9000 -0.75%

OPAP: 15.3400 +0.26%

OTE: 13.5500 +0.74%

AUTOHELLAS: 12.9600 +1.73%

PIRAEUS: 2.9060 +3.86%

SARANTIS: 7.5200 unchanged

TERNA ENERGY: 14.2500 +3.64%.

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Here are some People Also Ask ‍(PAA) questions related to the topic “The Athens⁢ Stock Exchange: A Beacon of Hope ‍in Uncertain ⁣Economic Times”:

The Athens Stock Exchange: A Beacon of ​Hope in Uncertain​ Economic Times

In a surprising turn of events, the Athens Stock Exchange closed with a notable rise of 0.78% in the session on Wednesday, October ​18, defying the downward​ trend of European markets. This upswing was marked by a turnover of share transactions⁤ worth 76.07 million euros, with 30,782,800 shares traded. The General Price Index closed⁢ at 1,178.88 points, up 0.78%, with an⁢ intra-session high⁢ of 1,183.57 units (+1.18%).

Market Performance

The large-cap index rose 0.89%, while the mid-cap⁣ index rose marginally to 0.04%. Among high-capitalization shares, the biggest increase was recorded by‍ Piraeus (+3.86%), Terna⁢ Energy​ (+3.64%), Eurobank (+2.79%), and ELPE‍ (+2.68%). On the other hand, the largest⁣ decline was seen in the shares of Quest (-1.30%), Titan (-1.18%), and Mytilineos (-1.12%).

Sector ⁢Performance

The ⁤individual indices told a mixed story, with the biggest‌ increase recorded‍ by the indices of Banks (+2.27%), Financial Services ⁣(+2.11%), and Oil (+1.67%). Conversely, the indices of Technology (-1.06%) and Industrial Products (-0.97%)​ saw a ⁢decline.

Trading Activity

Alpha Bank and⁤ Eurobank dominated ​trading activity, with 9,382,627 and 3,350,168 shares traded, respectively. The highest value of ⁢transactions​ was recorded by Alpha Bank with 11.81 million euros and National Bank with 11.22 million euros.

Winners and Losers

A total of 50 stocks moved‍ up, 45 down, and 18⁤ remained stable. The biggest increase was recorded by ⁢Mermeren (+9.04%) and Moda Bango (+6.73%), while the‍ largest drop was seen in⁤ the shares of Doremeas (-6.34%) and​ Sato (-6.25%).

Large-Cap Index Performance

The large-cap index saw a mixed performance, with TITAN closing at 16.6800 (-1.18%), ALPHA BANK‌ at 1,2600 (+1.04%), AEGEAN‍ AIRLINES at 10,2400 (-0.78%), VIOHALCO at 4,9950 (+0.10%), GEK TERNA at 12.9400 (+1.25%), PPC at 9.3400 (+0.48%), and COCA COLA HBC at 24,4200 (+0.4%).

The Athens Stock Exchange: A⁤ Historical Perspective

The Athens Stock Exchange, founded in 1876, ⁢is the stock exchange ⁢of Greece, based in⁢ the capital city of Athens [[3]]. It provides a platform for trading in Greek stocks, with a capitalization-weighted index of Greek stocks listed on the exchange [[1]]. The Athens ⁤Exchange Group, which operates the exchange, provides support to the Greek capital market ‍and participates in the Energy Market ⁣since 2019 [[2]].

the Athens Stock Exchange’s recent performance is a beacon of hope in uncertain‌ economic times. With a diverse ​range of⁢ sectors and stocks, the exchange continues to play a vital role in the Greek economy. As the exchange navigates the complexities of the ⁤global economy, its resilience and adaptability‌ will be ‌crucial in shaping its future.

References:

[1]

[2]

[3]

Athens Stock Exchange index

The Athens Stock Exchange: A Hub of Economic Activity in Greece

The Athens Stock Exchange (ASE) is the primary stock exchange of Greece, located in the capital city of Athens. Founded in 1876, it has been a vital component of the country’s economy, providing a platform for companies to raise capital and for investors to trade securities <a href="https://en.wikipedia.org/wiki/AthensExchange”>[1[1]. The ASE operates as a floor-based exchange, with trading taking place through a hybrid model that combines floor-based and electronic trading.

Recent Market Performance

In recent news, the Athens Stock Exchange closed with a rise of 0.78% in the session on Wednesday, October 18, with a turnover of share transactions amounting to 76.07 million euros. Defying the downward trend of European markets, ASE share prices moved upwards, with the market approaching levels of 1,180 units.

The General Price Index closed at 1,178.88 points, up 0.78%, while the large-cap index rose 0.89% and the mid-cap index rose marginally to 0.04%. The biggest increases were recorded by Piraeus (+3.86%), Terna Energy (+3.64%), Eurobank (+2.79%), and ELPE (+2.68%). On the other hand, the biggest declines were recorded by Quest (-1.30%), Titan (-1.18%), and Mytileneos (-1.12%).

Market Indices and Sectors

The ASE operates a range of market indices, including the General Price Index, Large-Cap Index, and Mid-Cap Index. The exchange also categorizes listed companies into various sectors, including Banks, Financial Services, Oil, Technology, and Industrial Products. In the recent session, the indices of Banks, Financial Services, and Oil recorded the highest increases, while the Technology and Industrial Products indices experienced declines.

Trading Volumes and Value

The largest volume of transactions was presented by Alpha Bank and Eurobank, trading 9,382,627 and 3,350,168 shares, respectively. The highest value of transactions was recorded by Alpha Bank with 11.81 million euros and National Bank with 11.22 million euros. Out of the 113 stocks traded, 50 moved up, 45 down, and 18 remained stable.

About the Athens Exchange Group

The Athens Exchange Group provides support to the Greek Capital Market and participates in the Energy Market since 2019 [2[2]. The group’s primary objective is to promote the development of the Greek capital market, ensuring a stable and efficient environment for investors and listed companies.

Conclusion

The Athens Stock Exchange plays a vital role in the Greek economy, providing a platform for companies to raise capital and for investors to trade securities. With a rich history dating back to 1876, the ASE has weathered various economic storms and continues to operate as a key hub of economic activity in Greece. As a significant player in the Greek capital market, the ASE is committed to promoting the development of the market, ensuring a stable and efficient environment for all stakeholders.

References

[1] Athens Exchange. (n.d.). Retrieved from <https://en.wikipedia.org/wiki/AthensExchange>

[2] Athens Exchange Group. (n.d.). Retrieved from

[3] Hellenic Exchanges – Athens Stock Exchange S.A. (n.d.). Retrieved from

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