The recovery in the Stock Exchange is nervous

With small gains, but also with intense caution, the Athens Stock Exchange is trying today to break the two-day sharp downward series, but without being able to make a difference and return to levels that offer the security of upward movement.

In particular, the General Index records gains of 0.54% at 919.83 points, while the turnover is at 7.3 million euros and the volume at 3.1 million units. The FTSE 25 also recorded an increase of 0.59%, at 2,218.90 points, while the banking index gained 1.02% to 633.87 points.

After a sharply declining two-day period and with international markets in turmoil due to the wait for the Federal Reserve policy on the one hand and the geopolitical tensions in Ukraine on the other, the ATHEX can not achieve a comeback to levels last week, ie in the range of 940-950 units. Nor, as everything shows, can it regain the support levels of 930 points, a move that would acquire a special demeanor for the intentions of buyers at this stage.

Of course, there are many analysts today who believe that if it remains at current levels, dealing more effectively with any decision of the Federal Reserve, which will be announced tomorrow, then in days of international calm, restoring the market to higher levels will be an easier task. , than to see the general index at lower levels. But there is also the controversy that believes that the lower the market, the more certain the recovery is once the international environment is normalized.

However, what is being transferred from the desks to Capital.gr is that foreign portfolios are trying to reduce the risk in a market that is traditionally vulnerable to international turmoil. And this trend may intensify if the transfer of capital to safer assets, such as investment bonds, or those of strong economies, accelerates.

Dashboard

On the board now, ELHA, Ethniki, OPAP, Eurobank, Aegean, Titan, Mytilineos and OTE record profits exceeding 1%, while Piraeus, Hellenic Petroleum, Terna Energy, Alpha Bank, EYDAP, Biochalo, OL are moving slightly higher. , Motor Oil, Sarantis, Lambda and Quest.

On the other hand, Ellactor’s share recorded losses of 2.70%, with GEK Terna, Coca Cola, Jumbo and IPTO being in negative territory, but without losing more than 1%.