The market presented an image of stabilization at the close of today’s session at the Athens Stock Exchange, amid a declining climate in the international markets, with turnover fluctuating at low levels.
The General Price Index at the Athens Stock Exchange closed at 1,178.59 points, registering a marginal drop of 0.02%.
Intra-sessionally it recorded a lower price at 1,172.44 points (-0.55%) and a higher price at 1,185.03 points (+0.52%).
The value of the transactions amounted to 67.82 million euros, of which 11.5 million euros related to the trading of packages, while 18,790,728 shares were traded.
The large-cap index edged up 0.06%, while the mid-cap index closed unchanged.
Of the high capitalization shares, the biggest increase was recorded by the shares of Jumbo (+2.59%), Titan (+2.52%), Ellactor (+2.00%) and ELPE (+1.45 %).
On the contrary, the largest decline was recorded by the shares of Elvalhalcor (-2.31%), Viohalco (-2.10%), PPC (-1.61%) and Quest (-1.32%).
Of the individual indices, the Personal Products (+2.31%) and Constructions (+1.21%) indices registered the biggest increase, while the Raw Materials indices (-1.95%) and of Travel (-1.17%).
The largest volume of transactions was presented by Alpha Bank and Eurobank, trading 3,668,126 and 3,553,654 shares, respectively.
The highest value of transactions was recorded by Nthniki with 9.25 million euros and OPAP with 8.05 million euros. 35 shares moved up, 60 fell and 22 remained stable.
The biggest increase was recorded by the shares: Hekter +6.23% and Papoutsanis +6.17%. The biggest drop was registered by the shares: Epilectos -9.56% and Plastics of Crete -7.50%.
Stocks in the large cap index closed as follows:
TITAN: 17.1000 +2.52%
ALPHA BANK: 1,2700 +0,79%
AEGEAN AIRLINES: 10,1200 -1,17%
VIOHALCO: 4,8900 -2,10%
GEK TERNA: 12.9800 +0.31%
PPC: 9.1900 -1.61%
COCA COLA HBC:24,5100 +0,37%
ELLAKTOR: 2.0400 +2.00%
ELPE: 7.0000 +1.45%
ELVALHALCOR: 1,6080 -2,31%
NATIONAL: 5.4000 -0.74%
EYDAP: 5.5800 -0.71%
EUROBANK: 1.5200 +0.60%
STOCK QUEST: 5.2400 -1.32%
LAMDA DEVELOPMENT: 6,1350 -0,16%
MOTOR OIL: 22,9000 -0,61%
JUMBO: 24,5200 +2,59%
MYTILINEOS: 35.2000 unchanged
PPA:19.7000 -1.01%
OPAP: 15.1600 -1.17%
OTE: 13.5300 -0.15%
AUTOHELLAS: 12.9200 -0.31%
PIRAEUS: 2.8820 -0.83%
SARANTIS: 7.5200 unchanged
TERNA ENERGY: 14.3600 +0.77%
#Athens #Stock #Exchange #stable #Thursdays #turnover
Athens Stock Exchange listed companies
Table of Contents
Athens Stock Exchange: A Beacon of Stabilization Amidst Turbulent International Markets
In a surprising turn of events, the Athens Stock Exchange managed to present a stabilizing image at the close of today’s session, despite the declining climate in international markets. This resilience is a testament to the Greek economy’s ability to weather the storm.
General Price Index: A Marginal Drop
The General Price Index closed at 1,178.59 points, registering a marginal drop of 0.02%. This minor fluctuation is a sign of the exchange’s adaptability in response to global market trends. Intra-sessionally, the index recorded a lower price at 1,172.44 points (-0.55%) and a higher price at 1,185.03 points (+0.52%).
Transaction Value and Volume
The value of the transactions amounted to 67.82 million euros, with 11.5 million euros related to the trading of packages. A total of 18,790,728 shares were traded, indicating a moderate level of activity.
Large-Cap Index: A Slight Uptick
The large-cap index edged up 0.06%, while the mid-cap index closed unchanged. This minor increase in the large-cap index suggests a sense of calm among investors, despite the volatility in global markets.
Winners and Losers
Among high capitalization shares, Jumbo (+2.59%), Titan (+2.52%), Ellactor (+2.00%), and ELPE (+1.45%) recorded the biggest gains. On the other hand, Elvalhalcor (-2.31%), Viohalco (-2.10%), PPC (-1.61%), and Quest (-1.32%) experienced the largest declines.
Individual Indices: Personal Products and Constructions Shine
The Personal Products (+2.31%) and Constructions (+1.21%) indices registered the biggest increase, while the Raw Materials indices (-1.95%) and of Travel (-1.17%) suffered the most.
Volume and Value of Transactions
Alpha Bank and Eurobank presented the largest volume of transactions, trading 3,668,126 and 3,553,654 shares, respectively. Nthniki and OPAP recorded the highest value of transactions, with 9.25 million euros and 8.05 million euros, respectively.
Biggest Movers
Hekter (+6.23%) and Papoutsanis (+6.17%) registered the biggest increases, while Epilectos (-9.56%) and Plastics of Crete (-7.50%) experienced the largest drops.
Large-Cap Index Closings
Stocks in the large-cap index closed as follows:
TITAN: 17.1000 +2.52%
ALPHA BANK: 1,2700 +0,79%
AEGEAN AIRLINES: 10,1200 -1,17%
VIOHALCO: 4,8900 -2,10%
* GEK TERNA: 12.9800 +0.31%
Context: A Strong 2023 for the Athens Stock Exchange
According to a press release by the Athens Exchange Group [[3]], the market of the Athens Stock Exchange increased by 65.7% in 2023 compared to 2022. Additionally, €1.74 billion in total capital was raised in 2023, indicating a strong year for the exchange.
the Athens Stock Exchange has demonstrated its ability to stabilize amidst turbulent international markets. As the Greek economy continues to grow, the exchange is likely to remain a key driver of the country’s economic progress.
Greece Stock Market (ASE)
For those interested in exploring the Greece stock market further, Trading Economics provides comprehensive data and charts on the Athens General Index [[2]]. Meanwhile, Yahoo Finance offers real-time data on the Hellenic Exchanges – Athens Stock Exchange S.A. (EXAE.AT) stock quote [[1]].
Athens Stock Exchange index
Athens Stock Exchange: A Beacon of Stabilization Amidst Turbulent International Markets
In a surprising turn of events, the Athens Stock Exchange managed to present a stabilizing image at the close of today’s session, despite the declining climate in international markets. This comes as a welcome development, especially considering the significant growth the exchange has experienced over the past year, solidifying its position as a global leader [[1]].
Market Performance
The General Price Index at the Athens Stock Exchange closed at 1,178.59 points, registering a marginal drop of 0.02%. Intra-sessionally, it recorded a lower price at 1,172.44 points (-0.55%) and a higher price at 1,185.03 points (+0.52%). The value of the transactions amounted to 67.82 million euros, of which 11.5 million euros related to the trading of packages, while 18,790,728 shares were traded.
Large-Cap Index Performance
The large-cap index edged up 0.06%, while the mid-cap index closed unchanged. Of the high capitalization shares, the biggest increase was recorded by the shares of Jumbo (+2.59%), Titan (+2.52%), Ellactor (+2.00%), and ELPE (+1.45%). On the contrary, the largest decline was recorded by the shares of Elvalhalcor (-2.31%), Viohalco (-2.10%), PPC (-1.61%), and Quest (-1.32%).
Individual Indices Performance
Of the individual indices, the Personal Products (+2.31%) and Constructions (+1.21%) indices registered the biggest increase, while the Raw Materials indices (-1.95%) and of Travel (-1.17%). The largest volume of transactions was presented by Alpha Bank and Eurobank, trading 3,668,126 and 3,553,654 shares, respectively.
Highest Value of Transactions
The highest value of transactions was recorded by Nthniki with 9.25 million euros and OPAP with 8.05 million euros. 35 shares moved up, 60 fell, and 22 remained stable. The biggest increase was recorded by the shares: Hekter +6.23% and Papoutsanis +6.17%. The biggest drop was registered by the shares: Epilectos -9.56% and Plastics of Crete -7.50%.
About the Athens Stock Exchange
The Athens Stock Exchange is the stock exchange of Greece, based in the capital city of Athens. It was founded in 1876 [[2]]. There are currently five markets operating on the exchange, including the Main Market, the Alternative Market, the Bond Market, the Derivatives Market, and the Regulated Unofficial Market [[2]].
Athens Stock Exchange General Index
The Athens Stock Exchange General Index is a capitalization-weighted index of Greek stocks listed on the Athens Stock Exchange. The index was developed with the aim of providing a benchmark for the Greek stock market [[3]].
the Athens Stock Exchange’s ability to maintain a stable image amidst turbulent international markets is a testament to its resilience and growth. As the exchange continues to solidify its position as a global leader, investors and market participants can expect a stable and dynamic trading environment.
References:
[1] Athens Stock Exchange’s Outlook for 2024
[2] Athens Exchange
[3] ASE Quote – Athens Stock Exchange General Index
