Athens Stock Exchange: Fall of the General Index – Rise of European shares

Small reduction is recorded at the first Athens meeting today (2.4.2024) after Friday’s holidays (29.3.2024) and Monday (1.4.2024), due to the Easter of Catholics, in the middle of a mild upward movement of European markets. The General Index on the Greek Stock Exchange at 11:00, is formed at 1,421.10 units with a marginal drop of 0.09%. The value of transactions is EUR 5,85 million. The high capitalisation index is taking a marginal fall of 0.07%, while the mid-capitalization index is retreating to 1.16%. Of the shares in high capitalization, the largest increase is recorded by Sarantis (+3.58%), Terna Energy (+1.39%), ELPE (+ 0.79%) and PPC (+0.6%). On the contrary, the largest fall is recorded by the shares of PPA (-3.30%), Coca Cola HBC (-1.83%) and EYDAP (-1.68%). Upward moving 15 shares, 32 jumpers and 11 remain stable. The largest rise is recorded by the shares: Sarantis +3.58% and Nakas +2.86%, while the largest fall is recorded by shares: Trastor -5,79% and Wood Trade(k) -5,47%. On the foreign exchange market, the euro against the dollar falls to 0.09% and is set at $1.0738. The euro is at 162,8450 yen, 0.8552 with sterling and 0.9748 with the Swiss franc. The exchange rate of the dollar is increased to 0.05% over the yen and is formed to 151,7040 yen. The sterling against the dollar shows a marginal rise of 0.02% and is formed to $1.2555. With a rise in the second quarter, European stock exchanges began today, with the attention of investors turning to the announcement of a series of financial data. The pan-European STOXX index 600 rose 0.3% at 10:12 hour Greece, with investors returning to the markets after holidays for the Catholic Easter. Enhanced were technology markets, with BE Semiconductor Industries’ share taking a 4.6% jump after Barclays upgraded its recommendation to “overweight” by “equal weight”. The German DAX index was increased by 0.3%, ahead of the announcement of inflation figures, which will be released later in the day.