The Stock Exchange controls the pressures

It controls the pressures received by the Athens Stock Exchange, which, although it allows the sellers to have the reins of the session, does not allow the 830 points to be lost again.

In particular, the General Index records losses of 0.70% at 834.81 points, while the turnover is at 13.5 million euros and the volume at 6 million units. The FTSE 25 also recorded a drop of 0.80%, to 2,010.17 points, while the banking index lost 1.72% to 534.27 points.

Today’s correction seems to be necessary in a market that needs liquidity, not only to face the 850 points, but also to have the power to absorb any turmoil coming mainly from international markets. Of course, how sufficient the liquidity will be will be seen in the market moods to exceed 850 units, a level that seems very demanding.

However, what stock market sources comment on Capital.gr, is that if the market manages to overcome the reef of monetary policy turmoil then it will significantly improve its image, as there are positive developments both at the level of economy and at the level of listed companies. The normalization may take some time, of course, as central banks try to find the golden combination of anti-inflation policy, without affecting growth.

What remains uncertain about the Greek market is whether the domestic listed companies will be affected by the increase in the cost of money. And this comes at a time when lending was expected to expand, after a long period of credit crunch.

On the board

On the board now, Lambda falls by 3.27%, with Alpha Bank and Ethniki following with -2.2% each. More than 1% is the fall in Viohalko, PPC, GEK Terna, Mytilineos, Coca Cola, Aegean, Piraeus and Eurobank.

Quest, Jumbo, Titan, ELHA, Hellenic Petroleum, IPTO, Terna Energy and PPA are moving slightly downwards, with Ellactor and EYDAP unchanged. On the other hand, Sarantis wins 3.84%, with OTE being at + 1.09%. OPAP and Motor Oil are moving slightly upwards.