Balance of power in the Stock Exchange

Today, the Athens stock exchange is moving in the same pattern of limited fluctuations, which remains in the zone of 830 units, without showing signs of a clearer trend, at least until the international landscape becomes clearer.

In particular, the General Index recorded losses of 0.03% at 828.67 points, while the turnover is at 3.6 million euros and the volume at 1.1 million pieces. An increase of 0.19% was recorded by the FTSE 25, at 1,993.65 points, while the banking index gained 0.66% at 497.93 points.

The ASE has been affected by the wait-and-see attitude and nervousness prevailing in international markets these days and certainly ahead of the Federal Reserve meeting starting today and US GDP data on Thursday. These two catalysts are what affect the global markets, as well as the Greek market, since they will also determine the large flows of capital, from and to the US markets.

Of course, what has been observed since yesterday on the ASE is a balance between positive and negative titles, with the market allowing internal corrections, without losing the levels of 830 units. After all, in addition to the results expected in the coming days, the period for the Greek market has low investment interest, due to the sparse developments on the critical fronts of the economy.

However, even in this period of low interest, the Greek economy seems to stand out with its tourism performance. The encouraging thing is that the comparison with pre-crisis levels seems to be in the open now, with estimates a year earlier saying that in 2024 we could be talking about a return to 2019 numbers!

Dashboard

On the board now, Sarantis, Lambda, Ellactor and Ethniki are recording gains that exceed 1%, while Alpha bank, Piraeus, Mytileneos, Titan, PPC, Coca Cola, Eurobank, OTE and Biohalco are moving slightly upwards.

On the other hand, EYDAP and Aegean recorded losses of 1.82% and 1.54% respectively, while Motor Oil, Jumbo, Terna Energy, ADMIE, GEK Terna, Hellenic Petroleum, ELHA and OPAP are moving down. PPA and Quest are moving without change.