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
“Warm welcome” to Biden on the war in the Gaza Strip
Crowds of protesters gathered outside a central Washington hotel before the start of the annual White House Correspondents’ Association dinner,
Video: Military police officer slaps woman arrested for beating her own daughter
A military police officer was filmed beating a woman accused of attacking her own 11-year-old daughter. The case happened last
Buba and Augusto are together in “Renascer”; find out how it will happen
Just like in the original novel by “Reborn” , Buba (Gabriela Medeiros) and Jose Augusto (Renan Monteiro) will be together
Forbes journalist placed under house arrest accused of spreading fake news about Russian army
A Russian court placed Forbes journalist Sergey Mingazov under house arrest after he was detained for allegedly spreading fake news
American hostage appears in Hamas video for the first time
Hamas published this Saturday (27) a video of two hostages, the American Keith Siegel and the Israeli Omri Miran. In
“Reborn”: find out what Eliana’s future will be after being expelled from the farm
Eliana (Sophie Charlotte) will not lower her head even after being expelled for José Inocêncio (Marcos Palmeira) from the cocoa
Get the latest
Stay Informed: Get the Latest Updates and Insights
Most popular
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
“Warm welcome” to Biden on the war in the Gaza Strip
Video: Military police officer slaps woman arrested for beating her own daughter
Buba and Augusto are together in “Renascer”; find out how it will happen
Forbes journalist placed under house arrest accused of spreading fake news about Russian army