The Stock Exchange is recovering at 930 points

The Athens Stock Exchange is recovering today in the zone of 930 points, which after yesterday’s sell off finds its balances in order to move away from the supports that stop the further slide at lower levels.

In particular, the General Index records gains of 1.01% at 927.71 points, while the turnover is at 8 million euros and the volume at 3 million units. The FTSE 25 rose 1.29% to 2,259.41 points, while the banking index gained 1.76% to 666.64 points.

It is more than clear that the ATHEX is called to operate in an extremely difficult environment, with its endurance not being what it needs to move with less intense fluctuations. And as a stock market source in Capital.gr points out, and only that the ATHEX is 40-50 points away from its perennial highs, with several of its securities being even at historic highs, should offer some satisfaction.

Of course, this does not mean that the climate remains purely positive in Athens Avenue. The stagnation after the growth trajectory of the first two months, even with the recovery in April, is a situation that should be addressed by the domestic portfolios, especially as long as the causes of it still exist. In fact, the side effects of the Russian war in Ukraine, with the supply of natural gas being the largest, can not leave the Greek economy unaffected, something that can already be seen from the declining revisions of analysts’ estimates.

As most analysts point out, the ATHEX has the power to move even higher than the 971 points, ie the maximum found this year. However, this presupposes the relative normalization of the international environment and in any case not to rage a war that at any time can take on unpredictable dimensions, not only in military but also in economic terms. The “account” of the two months of conflict has already risen sharply, not only for those directly involved, but also for those indirectly, especially on the European continent.

On the board

On the board now, Ethniki, Terna Energeiaki, Ellactor and Coca Cola record profits in excess of 2%, while over 1% is the rise in Alpha Bank, Piraeus, Eurobank, Viochalko, OPAP, GEK Terna, ELHA, OPAP, Mytilineos and Quest.

Titan, EYDAP, PPC, Lambda, OTE, Sarantis, Motor Oil, Hellenic Petroleum and Jumbo are moving slightly upwards, while IPTO, PPA and Aegean have not changed yet.