Mild pressures and trading in 2 securities on the Stock Exchange

The Athens Stock Exchange is currently moving steadily in negative territory, but close to 890 points, but it focuses on two securities that have traded and almost half of its volume so far.

In particular, the General Index records losses of 0.31% at 887.94 points, while the turnover is at 12.9 million euros and the volume at 7.5 million units. The FTSE 25 is down 0.40% at 2,133.41 points, while the banking index is down 0.68% at 569.85 points.

The market focuses on Attica Bank, which is losing 11.79% and has traded almost 3 million units, during the second session of the listing of new shares resulting from the recent capital increase of 240 million euros. It also focuses on Kekropas, who is losing 20% ​​and has traded over 330 thousand pieces, as rumors are circulating about the area of ​​about 300 acres in the area of ​​Paleo Psychiko (known as the area of ​​Latomio).

Introversion on the Stock Exchange 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, the + 10% of 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 at 2,175-2,240 points.

On the board

On the board now, Aegean recorded losses of 2.04%, with PPA, Viohalco, Coca Cola and Jumbo following with a drop of more than 1%. Alpha Bank, Eurobank, Motor Oil, Lambda, OPAP, Mytilineos, PPC, Ethniki, IPTO and Quest are moving slightly down.

On the other hand, the rise in Titan, GEK Terna and OTE is over 1%, with Sarantis, ELHA, Piraeus and Hellenic Petroleum following with modest gains. Ellactor, EYDAP and Terna Energeiaki remain unchanged.