The Athens Stock Exchange in the tug of war of uncertainty

Today, the Athens stock exchange moves with caution, which after yesterday’s failure to react, does not attempt to take big risks in an attempt to cover part of the lost ground.

In particular, the General Index recorded losses of 0.02% at 855.53 points, while the turnover is at 4.1 million euros and the volume at 1.2 million pieces. The FTSE 25 also fell by 0.21%, at 2,056.23 points, while the banking index lost 1.45% at 545.01 points.

Having lost more than 40 points from the highs of 899 points it entered in the third ten days of August, the ASE ends the month today with a lot of caution and having lost all the gains it managed to secure. Of course, there are not a few analysts who contrast the performance with those of the international markets, which are negative, however, the summer leaves on the calendar with a bitter taste for those who believed that the position of the general index is above 900 points.

Of course, from the lows of the summer, at 778 units, the A.A. still has a positive sign, with the corporate results of the second 3 months having surprised positively in most cases and the GDP is on a strong growth trajectory. The main denominator of the market’s concerns, however, is the difficult winter ahead and the energy crisis looming and threatening even worse days.

As stock market sources comment on Capital.gr, whether one examines the country’s export performance, or examines the tourist flows this year and next year, will confirm their dependence on Europe. If Europe experiences the hard face of the energy crisis, then the Greek economy does not have the seals to continue its good course in the coming months. And this perspective is the main inhibiting factor of buyers in the Greek capital market.

Dashboard

On the board now, Motor Oil scores a gain of 2.17%, with Aegean and ELHA following with +1.99% and +1.75% respectively. ADMIE, PPA, OPAP, Hellenic Petroleum, Titan, Coca Cola, GEK Terna, Terna Energy and PPC are moving slightly upwards.

On the other hand, Eurobank loses 2.19%, with Piraeus at -1.95%, while Quest, Ethniki, EYDAP, Ellactor, Lambda, Sarantis, Viohalko, Jumbo, Alpha Bank and OTE are slightly down.