Athens Exchange: With a rise of 0.82% the General Index – High record levels and European shares

Upward trends are recorded by the shares in the opening of today’s meeting (21.3.2024) , amid a positive climate in European markets as well. The General Index of Greek Stock Exchange prices at 11:00 is set at 1,429.31 units, rising 0.82%. The value of the transactions is EUR 14,35 million. The high capitalisation index is rising to 0.98%, while the mid-capitalization index is reinforced to 0.84%. All shares of high capitalization are moving upwards and the largest rise is recorded by Sarantis (+2.84%), Quest (+2.22%), PPC (+1.65%) and Eurobank (+1.61%). Uphill they move 46 shares, 15 jumpers and 12 remain stable. The largest rise is recorded by the shares: Moda Bango +10.00% and Leventeris (k) +5,71%, while the largest decline is recorded by the shares: Trastor -8,0% and Lanakam -7,21%. In the foreign exchange market, the euro against the dollar falls to 0.25% and is set at $1.0898. The euro is at 164,8350 yen, 0.8534 with sterling and 0.9758 with the Swiss franc. The exchange rate of the dollar is increased to 0.08% over the yen and is set at 151.3090 yen. The sterling against the dollar is falling 0.16% and is formed at $1,2765. At high record levels European shares rose this morning thanks to commodity-related companies and the strong mood of investors for risk. The pan-European STOXX index 600 rose 0.7% at 11:06 Greek time, having reached the historic record of 510.07 units in the first minutes of the meeting. The index of raw materials companies recorded the biggest profits by leaping 2.7% as the prices of most metals increased after Federal Reserve maintained its forecast for three interest rate reductions this year while the price of gold rose to historically high levels. The shares of the technology and real estate companies, affected by the course of interest rates, increased by 2.2% and 2.4% respectively, as the risk was increased following the forecasts of the American central bank.