Neutral… Athens Stock Exchange positive

The Athens Stock Exchange is currently moving against the negative sign of most of its securities, which, although it remains in the zone of 910 points, today seems to lack the support of the banks for its split.

In particular, the General Index records gains of 0.20% at 909.97 points, while the turnover is at 22.8 million euros and the volume at 8.5 million units. The FTSE 25 also recorded an increase of 0.19%, to 2,203.93 points, while the banking index recorded losses of 0.22% to 598.36 points.

Neutral… Athens Stock Exchange positive

The strong rise of PPC, but also the significant profits of Coca Cola, are two of the key factors in maintaining the positive sign of the market so far, against the fall of most stocks. The big picture, however, is more about a restructuring of positions and waiting, at levels that have already made the market difficult in the last seven months.

Indeed, the market will need strong catalysts to be able at some point to break through this difficult level of 910 units with determination. Not that they are disappearing, however, both the international developments, as well as the funds raised from the Greek capital market in recent months, have not allowed the ATHEX to continue its upward trajectory since last April.

However, the feeling that is transferred to Capital.gr from the desks of traders is that maybe November makes the difference this year as well. As in the last two months of 2020, when the ATHEX made its only upward record, perhaps a similar course will be repeated this year, always in the light of positive assessments of the course of the economy. After all, no one forgets that last year, at such a time, the ATHEX had only the prospect of a vaccine as fuel for the rise, while this year the conditions for economic recovery are more formed and sufficiently encouraging.

On the dashboard

On the board now, PPC and Terna Energy are gaining 2.2% each, with Coca Cola currently recovering 1.5%. OPPA, GEK Terna, Aegean, Jumbo, IPTO, Hellenic Petroleum, Biochalco, Titan and Alpha Bank are moving slightly upwards.

On the other hand, Sarantis, Ellactor, Eurobank, OTE, Lambda, ELHA, Motor Oil, HELEX, Ethniki, Mytilineos, Piraeus, PPA and EYDAP are in negative territory, but none of them is under pressure to record losses of more than 1%.

.

You may also like