The Stock Exchange is testing the split of all 970 points

The Athens Stock Exchange is currently climbing to the level of 970 points, which in just two sessions has managed not only to cover the “loss” of Monday, but also to try the next level higher.

In particular, the General Index records gains of 1.05% at 971.94 points, while the turnover is at 9.2 million euros and the volume at 2.8 million units. The FTSE 25 also rose 1.10% to 2,380.39 points, while the banking index rose 1.91% to 751.00 points.

The ATHEX shows a better reaction to the upward meetings of the international markets, in contrast to what we were used to in previous years. In other words, it is more “prudent” in the falls of the international markets and with more initiatives in the rises, something that has given the message that sooner or later the 1,000 units is the big goal that may be achieved in the near future. In any case, the point is that the market proves that it can move autonomously or more aggressively in the rises and more defensively in the falls in relation to foreign markets.

After all, today, as the certified analyst Petros Steriotis points out, the general index is called to “clean up” the resistance of 970 points in order to pave the way for the “four-digit number”. The current meetings are therefore crucial, as a possible failure of the DG to record new highs and a possible loss of support of 930 points will signal a gain, with all that that may entail for the continuation and given the decline that has occurred this year. in the most important international stock exchanges.

Of course, developments in the economy will also play a role in preventing the negative scenario and confirming the positive one, as yesterday’s announcements of ELSTAT confirmed the fears of rising inflation in our country, with energy and food price increases affecting the available purchasing power. household income and raise the cost of doing business for listed companies in the secondary sector of the economy. At a time when the ECB is gradually opening the debate on raising interest rates, the decline in purchasing power combined with the more expensive “money” is expected to make it difficult for the Greek economy to recover further, Petros Steriotis also points out.

On the board

On the board now, Viohalco wins 2.05% and Piraeus 2%, while over 1% is the rise in National, Alpha Bank, Eurobank, PPC, EYDAP, GEK Terna, Mytilineos, Aegean, Coca Cola, IPTO and Sarantis .

Motor Oil, ELHA, PPA, Terna Energy, Hellenic Petroleum, OTE, Quest, OPAP and Lambda are moving slightly upwards, with Titan unchanged. On the other hand, Jumbo and Ellactor have small losses.