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The Athens Stock Exchange starts the new week with a slight decline, which still seems unable to react after the four-day decline series that has preceded, but with limited losses.
In particular, the General Index records losses of 0.25% at 911.80 points, while the turnover is at 3.4 million euros and the volume at 0.9 million units. The FTSE 25 also fell 0.28% to 2,196.63 points, while the banking index recorded losses of 0.30% to 585.54 points.
The correction of the banking, but also the need for liquidity of several portfolios has again led the general index to 910 points, while the focus remains on the trading of securities based on developments, such as dividends, results, MSCI, etc. Besides, today OTE is trading without the extraordinary dividend of 0.52 euros, while tomorrow the entry of the new 150 million shares of PPC is expected, which can give liquidity to the system.
Two weeks of high interest
There are 2 weeks left for the closing of the books of the year for foreigners with the managers wanting to maintain, if nothing else, their returns at the end of the month, reports today Elias Zacharakis of Fast Finance. On the other hand, the 30th of the month is the date when the changes in the MSCI indices come into effect, a fact that can significantly increase the turnover in the market. We remind you that PPC is the third title for this year that enters the index.
The only “negative” for the Greek stock market is the bad timing since the Greek economy is in a completely different phase from the rest, according to Mr. Zacharakis. have managed to be close to their histories or even higher will understand that the same can happen in an economy and therefore in the stock market. funds and be valued on equal terms with other economies.
On the dashboard
On the board now, GEK Terna loses 1.57%, with OTE, Terna Energy, Sarantis, OPAP, Titan, Alpha Bank, Mytilineos, Ellactor, Piraeus, Ethniki, Viohalko, Eurobank, PPC and Motor Oil following with small losses .
On the other hand, Hellenic Petroleum and ELHA recorded an increase of 1.75% and 1.38% respectively, with Lambda, Aegean, PPA, Coca Cola, Jumbo, EYDAP and IPTO moving slightly upwards. HELEX is unchanged.
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