Low profits and turnover on the Stock Exchange

Limited fluctuations with very low trades are the picture that the Athens Stock Exchange shows in its last session before the Christmas break, also awaiting the new measures of the government to control the pandemic.

In particular, the General Index records gains of 0.16% at 885.44 points, while the turnover is at 1.9 million euros and the volume at 0.8 million units. The FTSE 25 also recorded an increase of 0.24%, to 2,128.74 points, while the banking index lost 0.02% to 568.33 points.

In a meeting that is now more procedural in nature, the remaining portfolios await the government’s decisions to control the pandemic. As reported by capital.gr, in the morning meeting at the Maximos Palace, under Kyriakos Mitsotakis, the final decisions will be made of the government in relation to the forward wave of measures for the festive period. At present, information on the decisions to be taken during this period of intense social mobility is minimal.

However, as the first data so far show, patients with Omicron are at lower risk of hospitalization. And this has created a supportive environment in both international markets and the ATHEX, which has been trying to react upwards for two days now. Of course, in the absence of visibility on the front of the restrictive measures, the risk-taking disposition is currently very low and this can be seen in the market movements.

At the same time, the ATHEX is at the heart of the festive season, with any major moves related to the expiring year already closed. Therefore, the ones we will see today, but also in next week’s meetings will be the “queues” of these moves, always with the new year on the horizon.

On the board

On the board today, the interest is monopolized by the entry of new shares from the capital increase of Attica bank. The share is moving to the limit down to 0.2290 euros with losses of almost 30%, while the backlog is high.

On the other hand, Ellactor and Lambda recorded gains of 1.55% and 1.10% respectively, while Coca Cola, Hellenic Petroleum, PPC, Quest, Titan, Ethniki, Mytilineos, Viochalko, GEK Terna, OTE, Eurobank moved slightly higher. OPAP and Terna Energy.

On the other hand, Aegean loses 1.21%, with IPTO, Motor Oil, Jumbo, Piraeus and ELHA following with small losses. Unchanged are PPA, Sarantis, EYDAP and Alpha Bank.