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Athens Stock Exchange holds steady despite mixed sector performances

A fragile balance kept the ATHEX near 2,100 points—while some stocks tumbled, others surged. What drove this split-market day?

In this image there is a store, on the top there is some text.
In this image there is a store, on the top there is some text.

Athens Stock Exchange holds steady despite mixed sector performances

The Athens Stock Exchange (ATHEX) saw a mixed trading day on Friday, with turnover reaching €189.45 million. Despite a slight dip in overall transactions, gains in selected blue chips and mid-caps helped offset downward pressure on several stocks.

The ATHEX General index closed at 2,097.07 points, down a mere 0.01%. While blue chips slipped by 0.03%, mid-caps showed resilience, gaining 0.52%. The banking sector also demonstrated strength, rising by 0.20%.

Among the notable movers, Alpha Bank, Athens International Airport, and Aktor construction group each gained over 1%. However, Optima Bank dropped by 2.33%, and OPAP lost 1.4%. Analyst David Sekera observed these trends, attributing the mixed performance to selective buying and selling in key sectors.

Despite a slight decline in the overall index, the Athens Stock Exchange maintained its position around the 2,100-point mark, thanks to gains in select blue chips and mid-caps. The banking sector's strength and specific company performances contributed to this mixed trading day.

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