With a slight decline in European markets and a slight rise on the Greek stock exchange, the trading session unfolded at a more or less expected pace.
It was the last trading session of the week, and the market’s performance was, as expected, in line with expectations.
The DAX stood at 25,021 (-0.08%), the CAC 40 at 8,447 (-0.27%), and with the EuroStoxx Banks at 295.78 (0.28%) in Athens, long positions have the opportunity to move to slightly higher levels for the DTR, alongside inflows into specific blue chips.
The DTR stands at 2,860 (0.27%), the FTSE25 at 6,309 (0.40%), with orders distributed across bank stocks and index components.
Trading volume stood at 250 million euros (16:15), with nearly 92 million euros executed through pre-arranged orders.
A trading session featuring both “triple witching” and rebalancing, with the rollover of positions to the next series (in derivatives) reinforcing the long scenario, which for June (so far) is supported by both the shares of systemic banks and many blue-chip stocks. It is interesting to note that specific FTSEMidCap stocks were added to the month’s developments, with ADMIE at the center.
With increased trading volume—including block trades—in PPC shares, it took the top spot in the relevant ranking. Orders were placed at 22.86–23 euros.
In second place was Bally’s/Intralot—also with significant block trades—marking its fifth consecutive session of inflows and gains. Trading volume reached 23.48 million shares (up from 7.2 million shares yesterday, Thursday), hitting new “local highs,” with the stock being mentioned early on in the EKI report.
Real Consulting’s stock also saw significant pre-arranged orders, with approximately 12% of its outstanding shares changing hands “within the group.”
Piraeus Bank shares closed at 9.328 euros, National Bank of Greece at 15.535, Eurobank at 4.292, and Alpha Bank at 4.116.
However, one of the highlights of the session was the leverage seen in all three Viohalco Group stocks, with ElvalHalcor acting as the “catalyst.”
The (incomplete) announcement regarding the capital increase triggered a rush of buying from the start of the session, with orders in the range of 4.65–5.28 euros and, just a short while ago—at 4:20 p.m.—reaching new highs. Viohalco shares are at 20.75 (up 8.57%), and Cenergy Holdings shares are at 25.18 (up 92.27%).
With continued buying pushing prices to new highs, Cyprus (9.95), AKTOR (11.98), and EYDAP (10.84) among the large caps, and Thrace Plastics (4.68), KRI KRI (29.35), ELASTRON (2.70) among the mid-caps.
The ratio of stocks with positive to negative performance stands at 68 to 48, in the final stretch leading up to the rebalancing.