In contact with the 930 units of the Stock Exchange

In the final stretch for the 930 points is the Athens Stock Exchange, which today has the support of the positive international climate to continue its positive course towards the maximum range of multi-month accumulation.

In particular, the General Index records gains of 0.65% at 924.35 points, while the turnover is at 7.3 million euros and the volume at 4.2 million units. The FTSE 25 also recorded an increase of 0.78%, to 2,232.17 points, while the banking index increased 1.08% to 626.03 points.

The market has managed to differentiate itself from the bad start of 2022 for international markets and has reached close to the limits of multi-month accumulation, ie 930 units. There, according to the vast majority of analysts, it will be judged whether the ATHEX can change its course and move decisively to higher levels.

As commented by a stock market source in Capital.gr, the pandemic despite the outbreak begins and does not affect the market. Of course, the profits so far are selective and large without being seen in the general index and therefore in the general investment public, but at some point it should be reflected in the overall picture of the market. This is probably the test of 930 points at the moment, with the market showing that it wants to take more steady steps towards the milestone at the moment.

What the ATHEX has also shown in recent days has been its resilience to international turmoil, at a time when everyone is waiting for the US inflation data and the deposition of the head of the Federal Reserve, J. Powell, in the Senate. Clearly, if there is a change in the outlook for monetary policy, either from one side or the other, it will not leave the ATHEX unaffected, at least to some extent.

Dashboard

On the board now, PPC, Piraeus, Alpha Bank, Ethniki, OPAP and Viohalko record profits exceeding 1%, while Jumbo, Aegean, OTE, Ellaktor, IPTO, Eurobank, Coca Cola, Sarantis, Hellenic Petroleum move slightly higher. Quest, GEK Terna, Mytilineos and ELHA.

On the other hand, Motor Oil, EYDAP, Lambda and Terna Energeiaki are in negative territory, but none of them is moving with losses of more than 0.5%. Unchanged are PPA and Titan.