A “battle” between buyers and sellers unfolded today on the Greek stock market, which showed signs of fatigue in the aftermath of a three-day rally that priced the domestic market with gains of more than +3.8%. The 1,700 points proved to be a strong gain as it was not threatened at any point of the session. The next target is the year’s highs of 1,750 units, which paves the way” for multi-year records (August 2010).

Specifically, in Friday’s (25/4) session, the General Index fell marginally by 0.02 points to close at 1,705.61 points, having moved between 1,701.51 (day’s low) and 1,717.53 points (day’s high). On a weekly basis, the GD posted gains, for the second consecutive time, of +3.86%. The April return stands at +1.21%, with three more sessions left to complete the month. The HA is “running” at a +16.05% pace this year.

Banks closed in downward territory, with Piraeus and Ethniki retreating more than -1%. On the other hand, OTE continued on an upward trajectory for the fourth day in a row, renewing its three-year high (August 2022). OTP was also in the spotlight today, due to the large volume of packages traded. In particular, four packages worth EUR 11.6 million were passed today. Combined with the EUR 22.4 million packages that changed hands yesterday, the total value of the pre-agreed transactions over the last two days reached EUR 34 million and involved almost 0.5% of the group’s share capital.