The Stock Exchange collected its profits at the end

The Athens Stock Exchange closed with gains, for the third consecutive session, making a satisfactory rebound from the lows of the previous week, with the help of the activation of index branches.

In particular, the General Index closed with an increase of 1.07% to 840.69 points, while it moved between 846.26 points (+ 1.74%) and 836.30 points (+ 0.54%). The turnover amounted to 55.54 million euros and the volume to 20.98 million units, while 4.37 million units were traded through pre-agreed transactions.

The high capitalization index closed with an increase of 1.3%, at 2,027.26 points, while at + 1.98% the Mid Cap completed the transactions at 1,322.83 points. The banking index closed with a rise of 4.3% to 543.63 points.

The stock market is over 30 points from the three days of rise, while it has managed to create a small, but not insignificant security cushion from the critical zone of 800-810 units, in which it was found on June 16. However, the climate remains fragile, as evidenced by the downward spin of several titles today, helping to limit gains in the end.

Of course, the overall picture will change for the better only if it breaks up the levels of 850 units and strengthens trading activity. But in order for this scenario to be confirmed, the market will have to show that it can spread the rise to more titles and leave behind the selectivity it has shown in recent days. After all, in the recent climb of the General Index just over 900 points, the protagonists were very specific titles and not the market as a whole.

In any case, however, the upward break of 850 points should occur relatively soon, as the test scenario of the support band of 830 to 820 points will remain in force. Also, a downward trend with negative daily closures below 820 points will provide chart ground for the 800 to 790 point range.

Also, in the zone 859-854 a downward price gap is located, which gave the impetus for the acceleration of the fall during the current week. Exceeding this level will not be easy, buyers will be asked to increase their trading activity in order to absorb the offer, given the intensity of sales that took place during the recent downward break of 850 points.

On the board

On the board now, Eurobank closed with a jump of 5.83%, with Mytilineos and Ethniki following with + 4.25% and + 4% respectively. Over 3% was the increase in Viohalko, Motor Oil, Alpha Bank, Quest, Piraeus, IPTO and Lambda.

Profits in Hellenic Petroleum and OTE exceeded 1%, while Aegean, ELHA and PPA closed slightly higher, with Titan closing unchanged.

On the other hand, Sarantis, Ellactor, OPAP and EYDAP closed slightly lower, while the drop in GEK Terna, Jumbo, PPC and Terna Energeiaki was over 1%. Coca Cola lost 2.02%.