It endured the positive sign on the Stock Exchange

With small gains, but at a critical moment, the Athens Stock Exchange closed, which was consumed today to keep intact the levels of 920 points, but also allowing the corrections needed by the market after the recent rise.

In particular, the General Index closed with an increase of 0.31% at 924.20 points, while today it moved between 927.99 points (+ 0.72%) and 919.55 points (-0.20%). The turnover amounted to 72.55 million euros and the volume to 20.23 million units, while 2.11 million units were traded through pre-agreed transactions.

The high capitalization index closed with an increase of 0.34%, at 2,243.65 points, while at + 0.59% Mid Cap completed the transactions at 1,557.24 points. The banking index closed with losses of 0.12% at 650.72 points.

The climate in European markets may be negative, but the ATHEX manages to follow its own positive line, returning to the good course of the first weeks of the year, when it was in the first places of world returns. The difficult period of the last weeks of February and the first of March may have been inserted, but it has kept its positive performance since the beginning of the year, something that the European indices have not achieved.

Of course, he now needs the liquidity he has secured since the last move, which started at 890 points and reached 920 points, allowing corrections without losing levels. Of course, estimates for market movement, in view of the holidays on Friday and Monday, are now limited to purely technical terms, as even tomorrow’s meeting of the European Central Bank is not expected to add anything more to the data already on the market. As long as the General Index is maintained above 910 points, the next target is 939 points.

As stock market sources comment on Capital.gr, liquidity exists in the market and the selective securing of the profits of the previous period will improve it even more. But her mood is cautious and limited, as the sources of uncertainty are large and numerous. This is also reflected in the inability of foreign markets to move to higher levels, as the demands and exposure to these uncertainties are greater.

Of course, this does not mean that the Greek market remains intact. After all, after the pandemic crisis, the signs of recovery were stopped by the Ukrainian and energy crises. Already today, Moody’s Analytics reported that the military conflict between Russia and Ukraine leads it to reduce its forecast for Greek GDP growth for 2022 to 4.5%, from 5.3% forecast before the war, to its baseline. scenario. In the unfavorable, growth can move even at 1.9%, as he points out.

On the board

On the board now, Ellaktoras with + 5.69% scored, stood out, while Lambda, PPC and Quest followed with gains that exceeded 2%. Mytilineos, OPAP, Coca Cola and OTE closed above + 1%, while ELHA, Viohalko, Alpha Bank, IPTO, EYDAP and Titan closed slightly higher.

On the other hand, Sarantis, Motor Oil and Jumbo closed with losses that exceeded 2%, while the fall of Aegean, Terna Energy and Hellenic Petroleum exceeded 1%. Ethniki, GEK Terna, Eurobank, PPA and Piraeus closed slightly lower.