The total market capitalization increased by 10.3 billion euros compared to the end of 2023 and amounted to 98.2 billion euros
The Athens Stock Exchange group announced an increase in profits and revenues for the first half of the year. In particular, consolidated profit after tax for the first half of 2024 increased by 42.4% and amounted to 9.4 million euros compared to 6.6 million euros in the first half of 2023.
The turnover amounted to 26.8 million euroscompared to 22.9 million euros in the first half of last year, marking an increase of 17.0%.
The General Price Index in the first half of 2024 closed on 28.06.24 at 1,404.26 points with an increase of 8.6% since the beginning of the year, showing gains for the 4th consecutive year.
THE total market capitalization increased by 10.3 billion euros compared to the end of 2023 and amounted to 98.2 billion euros
The average daily trading activity in the period under review increased significantly, reaching 143.8 million euros
During the first half of 2024 a total of 1.25 billion euros were raised, against 580 million euros in the corresponding period of 2023 (115% increase). Two new listings on the Main Market took place, including the largest by value of capital raised since 2006 – in which €785 million was raised. the negotiation of two new bond issues began with a total value of 330 million euros, while nine more corporate operations were carried out with a total raised capital of 90.7 million euros
The CEO of the Athens Stock Exchange Group, Mr. Yannos Kontopoulos stated: “In the first half of 2024, the growth dynamics established for the Athens Stock Exchange Group since the beginning of the year continued. The significant increase in our profitability by 42.4% is indicative of the effectiveness of our operating model and lays the foundations for a sustainable and steady growth.
We will continue to implement our strategy in the second half of the year for the promotion of our Market, both in Greece and abroad, in order to further strengthen our position on the global investment map, with the ultimate goal of our final transition to the developed markets within the next two years”.
Source: Skai
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