Athens Exchange: At 1,423.67 units the General Index – Hypotonic climate in Europe

At slightly lower levels the shares move to the opening of today’s Athens meeting (8.3.2024). The General Index of Prices on the Greek Stock Exchange at 11:00, is formed at 1,423.67 units with a small drop of 0.12%. The value of transactions is EUR 10,883 million. The high capitalization index is falling at 0.22%, while the mid-capitalization index is declining at 0.14%. Of the shares in high capitalization the largest rise is recorded by Jumbo (+1.44%), PPA (+ 0.79%) and Terna Energy (+0.7%). On the contrary, the largest decline is recorded by Alpha Bank (1.72%), Eurobank (1.37%), Viohalco (-1.20%) and Piraeus (0.78%). Uphill they move 34 shares, 32 jumpers and 13 remain stable. The largest rise is recorded by the shares: Kloukinas – Lappas +4,59% and Leventeris(k) + 3.85%, while the largest decline is noted by the shares: ELBE -6.54% and Vojajoglu Systems -2.61%. In the foreign exchange market, the euro against the dollar is falling at 0.11% and is shaped at $1.0939. The euro is at 161.7250 yen, 0.8534 with sterling and 0.9587 with the Swiss franc. The rate of the dollar falls marginally at 0.02% against the yen and is shaped at 147.8890 yen. The sterling against the dollar is rising 0.05% and is formed to $1.2815. It was a submissive climate in the opening of current transactions in European stock exchanges, with the strengthening of energy shares being offset by the cautiousness of investors in view of the announcement of economic data for the euro area and the US. The Pan-European STOXX 600 index was unchanged at 10:16 Greek time, after yesterday it closed at high record levels. The indicator is heading towards the seventh consecutive week of climb. The shares of oil and gas companies were increased by 0.7% thanks to higher crude prices as demand increased in the countries with the world’s largest consumption, the USA and China. Investors turn their attention to the forthcoming announcement of revised GDP data for the fourth quarter in the eurozone as well as employment data, outside the agricultural sector, in the US in February.