Strong fluctuations in Athens, which is currently the most speculative market in Europe.
This fact was confirmed today, by profits of 3% which ended up turning into a loss of 2.25%. The variation of the index went from 1126 units to 1066 units. On the occasion of the best electoral result, the market reacted positively, which was then followed by hedge Funds sales, triggering stop loss directions in bank shares.
Foreign investors do not even expect the election results and inflict their damage. Finally, the General Index closed at 1,066.54 points, recording a fall of 1.99%.
A dip of 4.14% for Piraeus Bank at 1.39 euros – with orders from foreign funds. A drop of 2.91% for Alpha Bank at 0.60 euros. A drop of 6.08% in MIG at 0.386 euros.
Frigoglass gains of 6.31%, PPA up by 3.38% at 16.25 euros, and METKA gains of 2.40% at 11.11 euros.
Total transactions reached 307 million, of which most were concerning National bank (method 6) since there had been short sales.