of Alexandra Tombra
The Athens Stock Exchange is moving slightly upwards today, “seeing” again the levels of 900 points, which it tried without result at the beginning of the week.
In particular, the General Index records gains of 0.36% at 893.87 points, while the turnover is at 9 million euros and the volume at 3 million units. The FTSE 25 also recorded an increase of 0.52%, to 2,168.09 points, while the banking index gained 0.42% to 614.09 points.
After the impressive turnover of yesterday session, due to the rebalancing that took place in the context of the changes in the MSCI indices, the market returns today to the reality that overshadowed the second half of the first half of the year. A year that began with high expectations, which grew as the ATHEX seemed to follow its own lonely upward trajectory, but collapsed at the end of the first quarter, when a war shifted the balance.
Now the ATHEX is waiting to see how the Greek economy will be affected by the clouds that have gathered on the world economy and what will be the reaction of those in charge to the multitude of challenges. And what it sees is that central banks have now taken sole responsibility for controlling the unprecedented inflation tsunami that affects most economies, and they need to be just as careful not to stunt growth.
In this context, the focus is now on the meeting of the European Central Bank next week, when it will be called to respond to the record inflation of the Eurozone. A major problem facing the Greek economy, and is beginning to appear in the investment options of Athens Avenue. Thus, the decisions to tighten the ECB policy, but mainly its timetable, are expected, according to analysts, to be the catalyst for the ATHEX in the near future.
On the board
On the board now, Aegean and PPC record gains of 2.36% and 2.29% respectively, while over 1% is the rise in OPAP, Sarantis, Alpha Bank and Coca Cola. Jumbo, EYDAP, Mytilineos, Viohalko, PPA, Hellenic Petroleum and Ethniki are moving slightly upwards.
PPA and Titan are in marginally positive territory, while Lambda, OTE, EYDAP, ELHA, Ellactor and Quest are unchanged. On the other hand, Terna Energy, Motor Oil, Eurobank, GEK Terna and Piraeus are moving slightly downwards. IPTO loses 1.54%.
The Stock Exchange is up to 900 points
of Alexandra Tombra
The Athens Stock Exchange is moving slightly upwards today, “seeing” again the levels of 900 points, which it tried without result at the beginning of the week.
In particular, the General Index records gains of 0.36% at 893.87 points, while the turnover is at 9 million euros and the volume at 3 million units. The FTSE 25 also recorded an increase of 0.52%, to 2,168.09 points, while the banking index gained 0.42% to 614.09 points.
After the impressive turnover of yesterday session, due to the rebalancing that took place in the context of the changes in the MSCI indices, the market returns today to the reality that overshadowed the second half of the first half of the year. A year that began with high expectations, which grew as the ATHEX seemed to follow its own lonely upward trajectory, but collapsed at the end of the first quarter, when a war shifted the balance.
Now the ATHEX is waiting to see how the Greek economy will be affected by the clouds that have gathered on the world economy and what will be the reaction of those in charge to the multitude of challenges. And what it sees is that central banks have now taken sole responsibility for controlling the unprecedented inflation tsunami that affects most economies, and they need to be just as careful not to stunt growth.
In this context, the focus is now on the meeting of the European Central Bank next week, when it will be called to respond to the record inflation of the Eurozone. A major problem facing the Greek economy, and is beginning to appear in the investment options of Athens Avenue. Thus, the decisions to tighten the ECB policy, but mainly its timetable, are expected, according to analysts, to be the catalyst for the ATHEX in the near future.
On the board
On the board now, Aegean and PPC record gains of 2.36% and 2.29% respectively, while over 1% is the rise in OPAP, Sarantis, Alpha Bank and Coca Cola. Jumbo, EYDAP, Mytilineos, Viohalko, PPA, Hellenic Petroleum and Ethniki are moving slightly upwards.
PPA and Titan are in marginally positive territory, while Lambda, OTE, EYDAP, ELHA, Ellactor and Quest are unchanged. On the other hand, Terna Energy, Motor Oil, Eurobank, GEK Terna and Piraeus are moving slightly downwards. IPTO loses 1.54%.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
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