Coca Cola leads the Stock Exchange with over 900 units

For the second time in a few days, Coca Cola takes the reins of the session on the Athens Stock Exchange, and leads with its profits and weight the general index to higher levels, with the help of course of several titles of high capitalization.

In particular, the General Index records gains of 0.79% at 905.98 points, while the turnover is at 15.3 million euros and the volume at 8.3 million units. The FTSE 25 also recorded an increase of 0.70%, to 2,176.09 points, while the banking index gained 0.24% to 578.22 points.

Over the past two weeks, Coca Cola’s stock has given the market the impetus it needs not only to break the psychological threshold of 900 points, but also to come closer to the resistance of 905 points, which has taught it lately. . In fact, today it faces several securities that traditionally lead the market, such as banks and energy stocks.

Wait for at least next week

According to stock market sources at Capital.gr, the market is not going to show real intentions this week, as it will wait to see both the epidemiological picture of the country and the precursors of economic activity in the critical fourth quarter. of the previous year. The first catalyst will decide if new restrictive measures are taken to control the pandemic, while the second catalyst may judge Fitch on January 14.

Regarding the first catalyst, however, sources of Capital.gr at the Ministry of Finance insist on their firm position that “2022 will not be 2021”, ie there is no thought of a new general lockdown in the economy. Only measures affecting a relatively small part of the catering business, but which continue to operate normally, apply here.

Regarding the second catalyst, Dim. Trigas of Beta Securities, reminds that as long as the forecasts for GDP growth continue, borrowing costs remain low and NPLs shrink significantly, Greece may be in the investment grade earlier than expected 2023 and the Greek Stock Exchange can see with ” smaller diameter binoculars “1,000 units!

On the board

On the board now, Coca Cola is gaining 3.82%, with IPTO following with + 2.02%. Over 1% is the increase in Aegean, Jumbo, ELHA, EYDAP, Eurobank and Lambda, while Quest, Titan, GEK Terna, Motor Oil, OTE, Sarantis, OPAP, Hellenic Petroleum, Viohalko and Ellaktor are moving slightly upwards.

On the other hand, PPC, Piraeus, Mytilineos and Alpha Bank are moving in negative territory, but none of them is losing more than 1%. Unchanged are PPA, National and Terna Energy.