The signs on the Athens Stock Exchange are still shared today, which confirms that the first week of November was neutral and focused on very specific titles that brought developments.
In particular, the General Index records losses of 0.11% at 907.66 points, while the turnover is at 3.2 million euros and the volume at 1.1 million units. The FTSE 25 also fell 0.19% to 2,196.27 points, while the banking index recorded losses of 0.55% to 596.98 points.
Although November was expected to be a very exciting month, with foreign portfolios completing their 12-month strategies, the first week was rather recognizable. Or as a stock market source commented on Capital.gr stabilization, as from next week we will have more news that may affect the market.
In the immediate future, and as the share capital increase of PPC is completed, the six-month review of the MSCI indices and the verdict of Moody’s for the Greek economy is expected, with the silence observed by S&P, which did not publish its scheduled report to Greece, not to be translated as negative, while leaving open the possibility of an extraordinary evaluation.
The focus is on the titles that are “associated” with MSCI
I questioned as we move toward November 11, the market will focus on securities that may be linked to the results of MSCI’s six-month restructuring on Thursday, November 11. And according to a recent analysis by Société Générale, Jumbo’s share will be delisted and there will probably be two additions at the same time, those of the National Bank and PPC.
So, if the SocGen estimates are realized, then the Greek shares in the basic indexes of MSCI will increase to six as to date the index MSCI Greece Standard Index includes five securities, OTE (with a weight of 29.5%), OPAP (with 20.82%), Alpha Bank (20.27%), Eurobank Holdings (17.22%) and Jumbo (12.17%). According to the estimates of the French banks, the possible outflows of Jumbo will amount to 88.41 million dollars, while the possible inflows for the EIB are placed at 74.68 million dollars and for PPC at 47.71 million dollars.
On the dashboard
On the board now, Piraeus is currently recording losses of 1.29%, with Mytilineo, Coca Cola, Jumbo, Alpha Bank, Eurobank, Motor Oil, Lambda, Ethniki, Titan and Ellactor following with a small drop.
On the other hand, PPC gains 2.11% and Sarantis 1.85%, while ELHA, Aegean, HELEX, EYDAP, OPAP, Terna Energy and OTE are moving slightly upwards. IPTO, GEK Terna, PPA, Viohalko and Hellenic Petroleum are unchanged.
.
The Athens Stock Exchange is under selective pressure
The signs on the Athens Stock Exchange are still shared today, which confirms that the first week of November was neutral and focused on very specific titles that brought developments.
In particular, the General Index records losses of 0.11% at 907.66 points, while the turnover is at 3.2 million euros and the volume at 1.1 million units. The FTSE 25 also fell 0.19% to 2,196.27 points, while the banking index recorded losses of 0.55% to 596.98 points.
Although November was expected to be a very exciting month, with foreign portfolios completing their 12-month strategies, the first week was rather recognizable. Or as a stock market source commented on Capital.gr stabilization, as from next week we will have more news that may affect the market.
In the immediate future, and as the share capital increase of PPC is completed, the six-month review of the MSCI indices and the verdict of Moody’s for the Greek economy is expected, with the silence observed by S&P, which did not publish its scheduled report to Greece, not to be translated as negative, while leaving open the possibility of an extraordinary evaluation.
The focus is on the titles that are “associated” with MSCI
I questioned as we move toward November 11, the market will focus on securities that may be linked to the results of MSCI’s six-month restructuring on Thursday, November 11. And according to a recent analysis by Société Générale, Jumbo’s share will be delisted and there will probably be two additions at the same time, those of the National Bank and PPC.
So, if the SocGen estimates are realized, then the Greek shares in the basic indexes of MSCI will increase to six as to date the index MSCI Greece Standard Index includes five securities, OTE (with a weight of 29.5%), OPAP (with 20.82%), Alpha Bank (20.27%), Eurobank Holdings (17.22%) and Jumbo (12.17%). According to the estimates of the French banks, the possible outflows of Jumbo will amount to 88.41 million dollars, while the possible inflows for the EIB are placed at 74.68 million dollars and for PPC at 47.71 million dollars.
On the dashboard
On the board now, Piraeus is currently recording losses of 1.29%, with Mytilineo, Coca Cola, Jumbo, Alpha Bank, Eurobank, Motor Oil, Lambda, Ethniki, Titan and Ellactor following with a small drop.
On the other hand, PPC gains 2.11% and Sarantis 1.85%, while ELHA, Aegean, HELEX, EYDAP, OPAP, Terna Energy and OTE are moving slightly upwards. IPTO, GEK Terna, PPA, Viohalko and Hellenic Petroleum are unchanged.
.
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
EUR/USD Price Analysis: Moves above 1.0700, next barrier at 21-day EMA
EUR/USD could approach the 21-day EMA at 1.0727. A break below 1.0700 could take the pair towards the important support
The founders of Samourai Wallet were arrested
US Federal Attorney’s Office brought charges to the founders of the anonymous Bitcoin wallet Samourai Wallet in facilitating the laundering
April 25, what was the partisans' menu?
Today is April 25th, Liberation Day, a solemn anniversary for Italy which celebrates the end of the Second World War
April 25, why is the poppy the flower of the Resistance?
«You sleep buried in a corn fieldIt’s not the rose, it’s not the tulipWho watch over you from the shadow
Nature holidays: on a sailing boat to the Pontine Islands with WWF experts
Fin whales common whales, sperm whales and dolphins, but also sea turtles, swordfish, flamingos and puffins. Last year they were
Megan Fox and “compartmentalization”, the self-defense mechanism that was triggered after suffering violence
While the media continues to try to find out the status of the romantic relationship of Megan Fox and Machine
Get the latest
Stay Informed: Get the Latest Updates and Insights
Most popular
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
EUR/USD Price Analysis: Moves above 1.0700, next barrier at 21-day EMA
The founders of Samourai Wallet were arrested
April 25, what was the partisans' menu?
April 25, why is the poppy the flower of the Resistance?