Athens Stock Exchange: Closed 0.35% a week Profit 9.97% from early 2024

I drank a drop, 0.35%, recorded or in the week that ends. After seven consecutive uphill weeks, the market declines during which the main indicator rose 6.49%. The recovery of the stock market towards the end of the week brought it back into contact with the high 13 years (1,434 units), amusing the concerns caused by last Monday’s “boot” (-2.51%). The size of Monday’s fall was the largest of the last eight months. However, analysts consider such or even greater correction reasonable and expected, after an eight-month climb and recording of a high of 13 years. The American investment company J.P. renews the vote of confidence in the Greek stock exchange. Morgan Although Greek shares have offered significant returns on investment portfolios, J.P. analysts. Morgan maintains the ‘overweight’ recommendation, pointing out that the absolute asset of the domestic market, the shares of Greek banks are traded at discount against Europeans, even having higher return rates. J.P. Morgan points out that Greek shares are traded with a P/E index for 2024 at 7,3x and 2025 at 7,5x respectively, lower than emerging markets. At the same time, dividend performance is estimated to reach 4.6% in 2024 and 5.1% in 2025. At the same time, the price to book is estimated at 1,5x for 2024 and 1,2x for 2025, with a profitability increase of 2.7% and 9.6%, respectively for the two years. The General Price Index closed the week at 1,422.03 units, against 1,427.02 units last week, scoring a weekly drop of 0.35%. Since early 2024, the main stock index has been recording 9.97% profits. The index of high capitalization FTSE/ASE 25 was closed a week with a drop of 0.84% and since early 2024 it has been reinforced by 9.81%. The mid-capitalization index FTSE MID closed with a weekly drop of 0.94%, while since the beginning of the year it has earned 7.17%. The banking index closed the week with a decline of 1.85%, while since early 2024 it has been making 13.79% profits. The total value of transactions at this week’s meetings was EUR 1,232,884 million, while the average daily transaction value was EUR 246,577 million, from EUR 366,672 million last week. Overall market capitalisation this week increased by EUR 568 million and was set at EUR 97,819 billion, while since early this year it has increased by EUR 9,931 billion. Source: RES – ICM