Athens Stock Exchange numb after the three-day downward streak – Why Cenergy stood out

Return to gains for the Greek banal market, aft a three-day losing streak that outgo it much than -2.1%, though the General Index mislaid its archetypal momentum, closing disconnected the day’s highs and beneath 2,030 points, though it exceeded them intraday.

Specifically, successful Thursday’s (18/9) session, the GD gained 7.78 points oregon +0.39% to adjacent astatine 2,027.04 points, adjacent to the regular debased of 2,024.11 points. The regular precocious was recovered astatine 2,034.12 points. The scale is gaining +0.26% successful September, with its show since the commencement of 2025 reaching +37.92%.

On the board, Cenergy Holdings stood retired with a +4.5% “jump” and closed adjacent EUR 11.8 astatine a caller all-time high, boosted by beardown first-half results, wherever income exceeded EUR 1 billion, nett net roseate +65% and EBITDA +43%. CENER’s rally benefited the genitor company, Viohalco, which renewed its two-year precocious (August 2023), taking different “step” person to EUR 7.

Buyers successful hunt of caller catalysts – Long-term uptrend successful force

“”Tired” looks similar the General Index aft the outperformance of the archetypal 8 months of this twelvemonth and portion it has started the equilibrium exercises astir 2,000 points. Overall, the six-month fundamentals and large-cap guidance are satisfactory, but bash not look to beryllium capable – for present astatine slightest – for the contiguous continuation of the five-year rally,” notes Mr. Petros Steriotis successful his play commentary connected the Athens Stock Exchange.

“In hunt of caller affirmative catalysts, imaginable buyers, portion those who gained excess profits are astir apt not… burning to hold for the adjacent records. Friday’s penning was critical, some successful presumption of transactional involvement (derivatives expiration, scale restructuring) and successful presumption of quality (“oracle” Moody’s).

On Wall Street, aft the much-discussed and wholly discounted Fed move, the already “stretched” markets are being asked to proceed “autopilot” oregon astatine slightest observe yet different occurrence of artificial intelligence. Here it is important to enactment that valuations successful the Greek CA and the wide science of our market, fortunately, disagree importantly from the trends of excessive euphoria that galore are present seeing successful New York”, says the subordinate of the British Federation of Technical Analysts, and concludes:

“Returning to the General Index, the semipermanent uptrend remains successful place. After all, this year’s +38% speaks for itself. In the lawsuit of a further pullback, the cardinal volition beryllium a purchaser absorption successful the terms portion starting astatine 1,990 and ending astatine 1,950 points.”

Awaiting rebalancing successful FTSE and Stoxx – The results agenda

Attention remains focused connected the first-half fiscal show of listed companies. Viohalco, Kri Kri, Profile, Lavipharm, and Hellaktor volition marque announcements today, portion connected Friday (19/9) it is the crook of Plastic Thrace, Alpha Trust Holding,s and Kekrops. As for adjacent week’s schedule, it is arsenic follows: Monday (22/9) Alumil, Wednesday (24/9) ADMIE, Lanakam, Thursday (25/9) EYDAP, ABAX, POTH, Mathios Pyrimacha, Loulis Food Ingredients, Elton, Fais Group, Sidma Metallurgical, Alter Ego Media, AS Company, Safe Bulker,s and Friday (26/9) CrediaBank, Premia Properties, Trastor AEEAP, CPLP Shipping Holdings, Biocarpet, EVATH, Revoil, Q&R, Alpha Real Estate, Interlife, Logismos, Evrofarma, Mermeren Kombinat.

Mermermer Mermermer Mergers & Acquisitions.

A restructuring of the indices successful the FTSE Russell is scheduled for the extremity of this week, with the changes coming into effect from Monday 22 September. Bank of Cyprus is being added to the FTSE Emerging Europe Large Cap Index and ElvalHalcor to the Mid Cap. Metlen volition beryllium included successful the UK FTSE 100, arsenic good arsenic the European FTSE EuroMid.

In addition, rebalancing volition instrumentality spot successful the Stoxx indices, wherever Eurobank volition beryllium included successful the Stoxx Emerging Europe Large Cap, Titan and AIA successful Mid Cap, Aktor successful Small Cap and Petros Petropoulos volition beryllium added to Micro Cap. Coca-Cola HBC volition beryllium included successful the Stoxx UK 50.

Triple expiry successful September derivatives (triple witching) for equities and indices is besides to instrumentality place. On the aforesaid time (19 September), Moody’s is scheduled to complaint the Greek economy, with nary peculiar expectations for surprises. The American location rates the state with “Baa3” and a unchangeable outlook.

Fed and Nvidia-Intel propulsion Wall Street towards caller records

Wednesday’s league connected Wall Street was low-tempo arsenic the marketplace had discounted a 25 ground constituent complaint chopped by the Fed to the 4% to 4.25% range, the lowest level since precocious 2022. However, investors didn’t get to bask the archetypal chopped for 2025 arsenic cardinal slope president Jerome Powell kept the barroom debased connected expectations for immoderate further cuts. Back to gains contiguous for the large indices, with the S&P 500 and Nasdaq rushing afloat velocity up to caller all-time highs, gaining +0.8% and +1.1% respectively, “propelled” by the historical $5 cardinal woody betwixt Nvidia and Intel.

European banal markets are connected an upward trajectory, wherever sentiment is boosted by signs of further involvement complaint cuts by the Fed this year, reversing caller profit-taking moves. The Bank of England kept involvement rates unchanged astatine 4%. The pan-European Stoxx 600 is up +0.9% astatine 555 points, the French CAC 40 gains +1.1% and the German DAX moves higher by +1.4%.

Most Asian bourses are positive, with Japan’s Nikkei and South Korea’s Kospi gaining much than +1% to adjacent astatine caller all-time highs. In contrast, Chinese indices fell by much than -1%.