The Athens Stock Exchange is moving along the same wavelength as most of the week ending today, which is trying to stay in the zone of 870 units, against the mild pressures it receives.
In particular, the General Index recorded losses of 0.16% at 866.13 points, while the turnover is at 1.5 million euros and the volume at 0.7 million pieces. The FTSE 25 also fell by 0.24%, at 2,091.95 points, while the banking index lost 0.57% at 552.91 points.
The breakout of the 200-day moving average in Wednesday’s auctions is proving weak, with the market once again missing the level that signals an improvement in the short-term trend. Of course, expectations were low given the seasonality, low turnover and the fragile international environment, but hopes are always raised by the longs.
Moreover, the pattern is not expected to change in the next two weeks at least, as the low trading activity and the “absence” of many portfolios keeps many movements on the board within the bounds of the procedure. The only difference can be if some international catalyst manifests itself in such a strong way that it causes significant turmoil in markets worldwide.
One front that may sustain the market’s interest is the data from the US labor market, which also influences the decisions of the Federal Reserve. Of course, there would have to be a major reversal in sentiment for the world’s largest central bank to change its interest rate policy outlook, which is not expected, but there will certainly be a better tone if some data changes the data on hand. of the Fed.
On the dashboard
On the board now, Piraeus, Coca Cola, Aegean and Ellactor are recording losses that exceed 1%, while Alpha Bank, Eurobank, OPAP, PPC, GEK Terna, Motor Oil and Jumbo are moving slightly upwards.
On the other hand, Sarantis and EYDAP are recording gains of just over 1%, while OTE, Quest, ADMIE, Biohalco, PPA, Terna Energy, Lambda, Hellenic Petroleum and ELHA are moving positively. Without change are Mytileneos, Ethniki and Titan.
New twist for the Stock Exchange
The Athens Stock Exchange is moving along the same wavelength as most of the week ending today, which is trying to stay in the zone of 870 units, against the mild pressures it receives.
In particular, the General Index recorded losses of 0.16% at 866.13 points, while the turnover is at 1.5 million euros and the volume at 0.7 million pieces. The FTSE 25 also fell by 0.24%, at 2,091.95 points, while the banking index lost 0.57% at 552.91 points.
The breakout of the 200-day moving average in Wednesday’s auctions is proving weak, with the market once again missing the level that signals an improvement in the short-term trend. Of course, expectations were low given the seasonality, low turnover and the fragile international environment, but hopes are always raised by the longs.
Moreover, the pattern is not expected to change in the next two weeks at least, as the low trading activity and the “absence” of many portfolios keeps many movements on the board within the bounds of the procedure. The only difference can be if some international catalyst manifests itself in such a strong way that it causes significant turmoil in markets worldwide.
One front that may sustain the market’s interest is the data from the US labor market, which also influences the decisions of the Federal Reserve. Of course, there would have to be a major reversal in sentiment for the world’s largest central bank to change its interest rate policy outlook, which is not expected, but there will certainly be a better tone if some data changes the data on hand. of the Fed.
On the dashboard
On the board now, Piraeus, Coca Cola, Aegean and Ellactor are recording losses that exceed 1%, while Alpha Bank, Eurobank, OPAP, PPC, GEK Terna, Motor Oil and Jumbo are moving slightly upwards.
On the other hand, Sarantis and EYDAP are recording gains of just over 1%, while OTE, Quest, ADMIE, Biohalco, PPA, Terna Energy, Lambda, Hellenic Petroleum and ELHA are moving positively. Without change are Mytileneos, Ethniki and Titan.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
You may also like
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
The Beauty and Personal Care products company, which was established by a group of young people in Florida State of
He contracted sepsis and nearly died when 500 venomous spiders invaded his home
A man came close to death and fought for his life after being taken to hospital with sepsis after 500
Preta Gil releases behind-the-scenes images from the Carnival block
The singer Preta Gil released this Thursday (28) behind-the-scenes images of its Carnival : O Preta Block . The event
Alexandre Lima, musician of the band Manimal, dies at the age of 54
At 54 years old, the musician Alexandre Lima died this Thursday (28), in Vitória, Espírito Santo, after being more than
Ukraine: Two thermal power plants have been heavily damaged by Russian missile attacks
Two thermal power plants in western Ukraine have been heavily damaged by Russian missile attacks last week, and repair work
BBB 25 registrations must be done in pairs; understand
With less than a month to go until the end of BBB 24, the production of the reality show has
In Miami, MC Daniel takes a selfie with Neymar and David Beckham
This Thursday (28), MC Daniel used social media to share a selfie with Neymar It is David Beckham in the
Get the latest
Stay Informed: Get the Latest Updates and Insights
Most popular
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
He contracted sepsis and nearly died when 500 venomous spiders invaded his home
Preta Gil releases behind-the-scenes images from the Carnival block
Alexandre Lima, musician of the band Manimal, dies at the age of 54
Ukraine: Two thermal power plants have been heavily damaged by Russian missile attacks