Deletes the stock market losses

LAST UPDATE 16:21

The general index in the Athens market is trying to end the last session of the week in positive territory, as the easing of the pressures in the European markets activates some buyers.

In particular, the General Index reached 852.65 points (-1.1%) from which it immediately reacted and now moves to 861.08 points with a marginal drop of -0.12%, while it had temporarily moved to a positive sign, with a low turnover, however, a turnover of 45 million euros.

At the same time, the FTSE 25 following a similar move is moving at 2,072 points with a fall of 0.2%, while the banking is strengthened by 0.5% moving to 607 points.

Deletes the stock market losses

Following reports earlier in the week that Moscow and Kiev had agreed to a ceasefire in Ukraine, the news had been frozen for the past two days, with the warring parties accusing each other of deliberately delaying the talks.

Uncertainty at every level justifies the reluctance of investors internationally, while the climate is aggravated by the new escalation of oil prices, which rose again and returned to areas above $ 100, re-intensifying concerns about the course of inflation.

Over the course of the day, however, oil prices reversed, European indices reduced their losses and Wall Street opened with an upward move, with some buyers reappearing on the ATHEX.

In any case, the small trading volume shows that investors are cautious, continue to secure short-term positions and favor stock picking.

At the technical level, while it is above 850 points, the DG looks at the area of ​​880-890 points, where it completes the short-term upward reaction that started from 788 points. Respectively, it gets a buy signal if it is found and remains above 900 units.

On the other hand, in the domestic news today we expect the new “verdict” of Moody’s and DBRS for the Greek debt, we have the triple witching and the restructuring of the FTSE Russell indices.

On the board

Titanas gives support to the market with + 2%, while the picture changed significantly when purchases were made in the banks (Ethniki + 0.9%, Eurobank + 0.75%, Alpha + 0.66% Piraeus +0.07 %).

At the top of the 25th is Titan with + 2%, Coca Cola shows a positive reaction with + 0.85% and Jumbo adds 0.4%.

On the contrary, Motor Oil is at -3%, Quest is down by 1.61%, EYDAP by 1.6%, Mytilineos by 0.98%, Lambda by 0.95% and TERNA Energy by 0, 93%.

In the medium capitalization, Cenergy continues to receive significant pressures today, moving -0.35%.

M. Chachladakis

Source: Capital

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