The Athens Stock Exchange controls its losses

Today, the Athens Stock Exchange is trying to maintain the critical technical level of 913 units with its claws and teeth, which, although it accepts the pressures of the sellers, manages to keep them under control, with even few supports.

In particular, the General Index records losses of 0.08% at 913.21 points, while the turnover is at 26.5 million euros and the volume at 9 million units. The FTSE 25 also fell 0.18% to 2,198.74 points, while the banking index recorded losses of 0.51% to 584.31 points.

Towards “5 in 5” the fall

The market is heading for its fifth bearish session, unless something changes by the end. But what domestic analysts point out is that in this five-day downtrend, the “loss” is small and limited, reflecting the market’s effort to keep up.

So far, the overall index has managed to maintain 913 points, a level that has plagued the market for so long. In any case, in order to change the image, he will have to pass the 931 units, in order to make a make or break and try again at a high of 7 years.

The banker injured by Ethniki, who actually seems to be betting on not joining MSCI, needs a 600 rating again if he wants to try new highs. On the other hand, the 910 units would be good to maintain if he does not want to try the 900 units again.

Of course, as several domestic analysts point out, in order for the market to be liberalized upwards, the banking index must complete its mini correction, especially the share of Ethniki. 575 points is the main support of the sector, while on the other hand, 595 points is a significant close resistance.

On the dashboard

On the board now, GEK Terna, Motor Oil, Coca Cola, Ethniki, Ellactor, Viohalko, Alpha bank, OPAP, Sarantis, Eurobank, Jumbo and Piraeus are in negative territory, but none of them is moving with losses of more than 1%.

On the other hand, ELHA and PPC recorded gains of 1.80% and 1.07% respectively, with Terna Energy, Hellenic Petroleum, Lambda, PPA, IPTO, EYDAP, HELEX, Mytilineos and OTE following with an increase of less than 1%. Unchanged are Titan and Aegean.

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