Stock market: The signs on the board are divided around 900 units

The Athens Stock Exchange may be marginally maintaining its positive sign today, but caution and selectivity are the protagonists of the session, during which not even 7 million pieces have been traded after three hours, while the signs on the board are divided.

In particular, the General Index records gains of 0.05% at 899.04 points, while the turnover is at 19.6 million euros and the volume at 7 million units. The FTSE 25 also recorded a fall of 0.03%, to 2,161.09 points, while the banking index lost 0.37% to 580.03 points.

Uncertainty for Greek bonds

Greek bonds may be among the big beneficiaries of the European Central Bank’s pandemic program, such as this PEPP which is expected to be completed in the shadow of rising inflation in the Eurozone, with the next day of Greek securities being uncertain. And the market will have a better picture at the ECB meeting next Thursday, so until then the moves will be quite cautious.

Of course, the ECB’s support to our country will continue only through the reinvestment program, ie the placement of funds from Greek bonds – as well as other bonds of Eurozone countries – which expire after March 2022 and at least until the end. of 2023, in other Greek titles. In any case, according to Capital.gr, and if and when it is judged that the market pressures are uncontrollable, the ECB will have in its quiver a remaining 100 billion euros from PEPP, which will reactivate, with emphasis in vulnerable markets, ie in Greece and possibly in Italy (due to possible political unrest).

Analysts insist positively

At the same time, foreign analysts continue to praise the performance of the Greek economy, with Deutsche Bank estimating growth of 8.7% this year. According to the estimates of the German bank, the two years 2022-2023 will be a period of also strong growth rates for the Greek economy, with the GDP growth being placed at 4.4% and 3.8% respectively, while the inflation in Greece is expected to jump in 2022 to 2.8% after 0.3% this year, but then following a downward trajectory and reaching 1.3% in 2023.

On the board

On the board now, Terna Energy and Aegean record gains of 2.52% and 2.04% respectively, with Viohalco and OTE following with an increase of just over 1%. IPTO, Sarantis, Titan, GEK Terna, PPA, ELHA, Coca Cola and Hellenic Petroleum are moving slightly upwards.

On the other hand, Lambda loses 1.46%, while Motor Oil, Mytilineos, PPC, Jumbo, Alpha Bank, Eurobank, HELEX, Ethniki, Piraeus, Ellaktor and OPAP are moving slightly down. EYDAP is unchanged.