Athens Exchange: At 1,400,74 units the General Index – At a high two weeks the European STOXX 600

Mild changes are noted in the opening of today’s Athens meeting (25.11.2024), amid a positive climate in European markets. The General Index of the stock exchange is set at 1,400.74 units, with a marginal drop of 0.06%, while the value of the stock transactions is 6,15m euros. The high capitalization index is falling to 0.18%, while the mid-capitalization index is reinforced to 1.02%. Elvalhalcor (+2.11%), Viohalco (+1.54%), GEK TERNA (+1.23%) and ELPE (+1.12%). On the contrary, the largest fall is recorded by Alpha Bank shares (-1.01%), Lamda Development (-0.83%) and Eurobank (-0.64%). Upward moving 57 shares, 20 dropouts and 11 remain stable. The largest rise is recorded by the shares: Q&R +5.49% and Elinoil +4,55%, while the largest fall is in shares: Plastics Crete -4.32% and Girakian -3.52%. European markets At a high of two weeks, the main European stock exchange index was raised at the start of the transactions, at the wake of the selection by the newly elected president, Donald Trump, the head of the finance ministry and the statements of the chief economist of the European Central Bank. The pan-European STOXX index 600 rose 0.5% to 10:10 Greek time, with the shares of raw materials and personal and household products companies making the biggest profits. Trump announced that for the position of government finance minister he chose Scott Bessend, who is estimated to hold back the US debt. At the same time, the ECB’s chief economist, Philip Lane, said that the central bank policy should not remain restrictive for a long time, while recognizing that inflation will take some time to retreat to 2%. Source: RES – ICM