Athens Exchange: With a fall of 0.26% the General Index – Fall of European shares

Small decline is noted in the opening of today’s meeting (22.3.2024) as mild liquidations are observed for recording short-term profits. The market at the previous two meetings made a total profit of 1.92%. The General Price Index at the Athens Stock Exchange at 11:00, is formed at 1,426.67 units with a drop of 0.26%. The value of the transactions is EUR 6,79 million. The high capitalisation index is falling at 0.39%, while the mid-capitalization index is marginally reinforced at 0.07%. Of the shares in high capitalization, the largest rise is recorded by the shares of EYDAP (+4,53%), Viohalco (+1.45%) and ELPE (+1.34%). On the contrary, the largest fall is recorded by Jumbo’s shares (-0.98%), Alpha Bank (-0.97%) and Aegean Ailenes (-0.94%). Upward moving 36 shares, 26 jumpers and 12 remain stable. The largest increase is recorded by the shares: CPI +4,55% and EYDAP +4,53%, while the largest decline is noted by the shares: Hacid – 9.55% and Logismos -8.27%. In the foreign exchange market, the euro against the dollar falls to 0.44% and is set at $1.0817. The euro is at 163,7750 yen, 0.8589 sterling and 0.9739 Swiss franc. The rate of the dollar decreases to 0.11% against the yen and is set at 151,4420 yen. The sterling against the dollar is falling 0.52% and is formed at $1,2592. European shares have fallen today (22.3.2024) at the beginning of trade due to the shares of technology and luxury goods, after the high record levels to which the index was raised yesterday. The EU-wide STOXX 600 index dropped 0.1% at 10:23 hour Greece but is heading towards the eighth consecutive week of climb, with British FTSE 100 and Spanish IBEX overcompensating other regional indicators. Technology shares fell 0.9% while companies with personal hygiene and household products recorded a drop of 0.6%.