Profit-taking and a narrow victory for sellers on the Stock Exchange

Bank stocks and blue-chip stocks saw mixed performance. HelleniQ Energy and PPA stood out with significant gains. Ideal Holdings, Interlife, and Kri Kri hit new highs.

Profit-taking and a narrow victory for sellers on the Stock Exchange

This article is an AI translation of an original piece published in Greek. Read original

Mixed trends are being seen on European stock markets, with limited profit-taking on the Greek market.

S&P 500 futures are trading at a marginal premium. The DAX 30 stands at 24,837 points (-0.28%), the CAC 40 at 8,466 points (0.21%), and the EuroStoxx Banks at 290.21 points (0.38%); on Euronext Athens, the banking sector remains in the spotlight.

The banking sector index (ΔΤΡ) is moving from 2,882 to 2,887 and then toward 2,853 points. This fluctuation reflects the partial consolidation of significant gains in the first 15 minutes and a gradual correction, with selling pressure being absorbed by “strong hands.”

Order flow is satisfactory, with turnover reaching 48 million euros by the end of the first hour, of which 15.42 million euros consisted of pre-arranged orders, which were significant for shares of GEK TERNA and DEI.

The General Index (GI) is trading in the range of 2,485–2,467 points, with an L-shaped fluctuation, and the opening high was recorded at 10:35.

Orders for DEI shares are trading in the 23.10–22.80 euro range, with the stock currently leading the relevant ranking. GEK TERNA follows in second place at 44.86–44.58 euros, with the shares of the four systemic banks trailing behind.

Orders for Eurobank shares are trading between 4.389 and 4.29 euros; Eurobank is the only one among the “big four” systemic banks showing a gain. In contrast, at National Bank (15.36), Piraeus Bank (9.386), and Alpha Bank (4.21), sellers are maintaining the slight advantage they’ve held almost since the start of the session.

According to brokers, this represents a logical partial locking in of positions—primarily on the part of shorter-term traders—given the stock’s strong outperformance relative to the European average.

Continued buying interest is being recorded in HelleniQ Energy shares at 10.68 euros (2.67%), GEK TERNA (44.64), Jumbo (22.92), Allwyn (14.015), and TITAN (53.75). Sellers remain active in Cenergy Holdings (24) and ElvalHalcor (4.706), while buyers are focusing on Viohalco (19.24).

Notable developments so far in today’s session include HelleniQ Energy’s outperformance amid increased trading volume, as well as the Piraeus Port Authority’s (OLP) 3.87% gain to 38.95 euros.

The ratio of stocks with positive to negative performance stands at 46 to 52. With fresh buying interest, shares of Ideal Holdings (7.32), Interlife (7), and Kri Kri (29) are hitting new highs.

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