Losses for the Stock Exchange, with a turnover of ‘three’

The Athens Stock Exchange returned with losses from the Christmas break, which, although it tried to absorb the pressures, both the low (net) turnover and the range of new measures against the reduction of the pandemic, interrupted the buying moods.

In particular, the General Index closed with losses of 0.54% at 885.91 points, while it moved between 884.85 points (-0.66%) and 889.54 points (-0.13%). The turnover amounted to 55.3 million euros and the volume to 38.2 million units, while 25.7 million units were traded through pre-agreed transactions.

The volume of the turnover almost doubled in the auctions, due to a package of 25 million units traded on the share of Alpha Bank, worth 26.45 million euros. The package corresponds to 1% of Alpha Bank’s share capital, and was traded at a price of 1.06 euros.

The index of high capitalization closed with a fall of 0.59%, at 2,129.35 points, while at -0.98% Mid Cap completed the transactions at 1,481.98 points. The banking index closed with losses of 0.62% at 570.15 points.

The market today focused on the share of Attica Bank, which lost 12.66% and traded more than 3.6 million units, during the second session of the listing of new shares resulting from the recent capital increase of 240 million euros. He also focused on Kekropas, who lost 21.99%, moving more than 420 thousand pieces, as rumors abound about the area of ​​about 300 acres in the area of ​​Paleo Psychiko (known as the area of ​​Latomio).

Apart from these, however, the year closes with the market being at the same point as all the previous two years. That is, to watch the government try to control the pandemic. Under the threat of the new Omicron mutation, new measures will be announced by the government, in order to stop its spread. Thus, G.D. at least even fictitiously since the elections until today it has not managed to change level since 900 units have haunted the market in recent years.

Introversion remains

The oscillation of the General Index around the “two hundred” average in the daily chart reflects the absence of a clear trend in the Greek market, according to certified analyst Petros Steriotis. On an annual basis, + 10% of the G.D. creates satisfaction but the multiple failure to secure new perennials high above 930 units maintains the climate of introversion on Athens Avenue.

The absence of many investors from the “ramparts” makes the last meetings of the Stock Exchange for 2021 rather procedural. According to him, the Greek market will continue to pick up the tone from the largest foreign stock exchanges, which show strong signs of fatigue in the middle of a phase of “digestion” of the historic highs that they achieved this year.

Technically, the bands of 865-855 and the resistance of 905-930 continue to apply to the General Index. For the high capitalization index the corresponding levels are at 2,070 / 2,050 and 2,175 / 2,240 points.

On the board

On the board now, Aegean and Viohalko lost 2.86% and 2.38% respectively while over 1% was the fall in OTE, Ellactor and Jumbo. PPA, OPAP, Alpha Bank, Eurobank, IPTO, Terna Energy, Coca Cola, Lambda, Mytilineos, Piraeus, Motor Oil, Ethniki, ELHA and PPC closed slightly lower.

On the other hand, EYDAP, Hellenic Petroleum and Sarantis closed slightly higher, with Titan, Quest and GEK Terna closing an increase that exceeded 1%.