Controlled pressures on the Stock Exchange

The Athens Stock Exchange is currently struggling to maintain levels above 900 points, which, although accepting the pressures from the climate of nervousness that prevails in the international markets, manages with the help of selected securities to be kept at the current levels.

In particular, the General Index records losses of 0.10% at 907.17 points, while the turnover is at 5.7 million euros and the volume at 2.1 million units. The FTSE 25 also recorded a drop of 0.11%, to 2,178.48 points, while the banking index gained 0.14% to 577.57 points.

The first bet of the short-term recovery shown by the ATHEX is today, as the General Index will have to maintain the gains, especially its stay above the resistance of 905 points. And the international climate may not be entirely supportive, but so far selected index-weighted stocks have been activated to defend the levels.

However, what is pointed out by many domestic analysts today is that it is difficult to draw safe conclusions this week, when tomorrow’s holiday is even inserted, due to the feast of the Epiphany. The most likely scenario is therefore for the big level test to take place next week, unless there is a development that overturns the data on which the estimates are based.

Also next week, the microscope will put the performance of the measures against the spread of the pandemic in the community, the conclusions of which will be taken seriously by the investment community. However, according to information from Capital.gr, no new measures are expected to limit the economic activity, but decisions to extend the cycle of vaccination obligation and adjust the vaccination certificate.

On the board

On the board now, ELHA is gaining 1.17%, with Eurobank, PPA, Quest, IPTO, OPAP, Sarantis, EYDAP and Mytilineo following with a small increase. Alpha Bank, Aegean and Coca Cola are unchanged.

On the other hand, PPC and GEK Terna record losses of 1.24% and 1.09% respectively, with Lambda, Ethniki, Motor Oil, OTE, Ellactor, Jumbo, Hellenic Petroleum, Piraeus, Terna Energy, Titan and Viohalko following with mild fall.