He can Athens Stock Exchange have… been stuck for several weeks, failing to break the resistance of 1,450 points, but let’s not forget that the distance from this year’s lows (1,296 points in the first session of 2024) is still in the 10% range.
In fact, a look at the index finger High Capitalizationproves that there is at least 11 blue chipswho are currently “watching” with… binoculars the minimums of the year, having built a significant distance from this year’s nadir.
Profits of up to 55% over the year’s lows
Your example is typical Titan Cement, whose shares have risen by at least +55% since the lows of 20 euros on January 3. Today, the listed company is close to the all-time highs of 33 euros.
The same is true in her case Cenergywhich is up +47% since February 28. On that day, the stock had “reached” a low of 6.7 euros, while now it is “flying” to an all-time high of 10 euros.
Your stock Sarantisin turn, it gained +34% compared to the lows of January 3, when it fell to 8.1 euros.
At the same time, the agreement to sell the majority stake in Terna Energy to the Arabs gives a major boost to the TERNA Group. A development that has boosted its participation GEK TERNA to +33% and its share Tender Energy by +32% compared to the year’s lows of 12.9 euros (01/05/2024) and 14.6 euros (01/05/2024), respectively.
From then on, your stock Coca Cola strengthened by at least +29% compared to the nadir of 25 euros, observed on February 13. The result is that today it is rising to the highest levels of the last 4 years (>33 euros).
Your stock Eurobank continues with an increase of +23% (1.59 euros at the year’s minimum on 01/08), although the variation could have been greater if it were not for a 12% correction in relation to this year’s maximums.
The situation is similar in Piraeus – National, which are 18% and 17% away, respectively, from the 2024 nadirs (3.2 and 6.2 euros against the current price of 3.8 and 7.3 euros, respectively).
Your stock Lambda Development “sees” that the year’s lows of 6.1 euros (16/4/2024) are at least 18% away from the current levels of 7.2 euros.
Regarding, finally, your stock OTEwhich presents a very “strong” second half of the year, the distance to this year’s nadir of 12.7 euros (02/01/2024) exceeds +18%, as the listed company is “breathing” from the year’s highs of 15.2 euros.
The biggest increase from this year’s lows
• Titan Cement +55%
• Energy C+47%
• Sarantis +34%
• GEK TERNA +33%
• Tender Energy +32%
• Coca-Cola +29%
• Eurobank +23%
Lambda +18%
• OTE +18%
• Piraeus +18%
• National +17%
Sispas: Portfolios for the new… diploma and the unnecessary (?) stock split
(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)