Small losses in Frankfurt and Paris, with a slight gain in Athens.
Brent crude above $110, the VIX/CBOE edging up slightly to 18.30 points, with S&P 500 futures trading at a slight discount.
In Europe, the DAX30 at 24,023 (-0.28%), the CAC40 at 8,135 (-0.05%), and the EuroStoxx Banks at 259.75 (0.79%); on Euronext Athens, the Banking Index rose 0.38% to 2,559 points.
The mood was subdued, though it appeared from the pre-market session that trading would begin with few orders, within relatively narrow trading ranges.
Before the opening, Jumbo’s management announced its 2025 figures, while AEGEAN’s stock opened ex-dividend.
After two consecutive sessions, the first orders focused once again on bank stocks, leaving PPC behind.
Following yesterday’s trading—right up until shortly before the close—the new round of activity in all four systemic stocks signaled the continued preference for the “big four” by “strong hands.”
Piraeus Bank shares closed at €8.282, Eurobank at €3.837, National Bank at €14.18, and Alpha Bank at €3.602. According to a broker, as long as the situation in international markets continues at this pace, the balance in the banking sector will remain slightly in favor of buyers, with the support levels confirmed during the latest correction serving as reference points.
Cyprus shares are at €9.20, Optima Bank at €9.185, and Credia Bank at €1.3080.
Orders in the range of €18.25–18.35 for PPC shares. Gradually narrowing, as we noted yesterday, as the necessary rebalancing processunfolds following Friday’s wide volatility. Buyers remain steady, however, at prices above €18, taking into account the process to be followed with the “accelerated book-building” (preemptive rights).
Jumbo is projected to report earnings of €320 million in 2025 and a dividend of €0.90 per share, with orders in the €23.32–23.80 range.
With an adjusted price for AEGEAN shares and a “sweep” of buyers from the early lows at €11.63.
With net buyers in Metlen (35.28), Allwyn (13.44), Motor Oil (35.20), OTE (18.48), EYDAP (10.24), GEK TERNA (40.48), etc.
Moderate activity among mid-caps as well, with specific/targeted cases standing out. Lavipharmshares hit a new high of 1.50 (2.45%) ,with Stefanos Kotzamanis citing management’s forecasts for a “strong” four-year period. Performance shares hit a new high of 9.16 euros, ONYX at 1.47 euros, and AsCo at 4.48 euros.
A total of 37 stocks were up, compared to 65 down, at 11:15 a.m. Trading volume stood at just €16.4 million.