The Stock Exchange maintains 960 points

The waiting position of the international markets is followed today by the Athens Stock Exchange, as it tries to manage the pressures from the corrective moves that are reasonably manifested after the recent rise.

In particular, the General Index records gains of 0.21% at 962.29 points, while the turnover is at 29.1 million euros and the volume at 11.3 million units. The FTSE 25 also recorded an increase of 0.24%, to 2,352.05 points, while the banking index recorded losses of 0.11% to 729.35 points.

The Stock Exchange maintains 960 points

The board of Athens Avenue is divided, with the market being drawn up with international caution pending data on inflation in the US. According to estimates, analysts do not rule out the Federal Reserve to move more aggressively in tightening its policy to deal with the frantic inflation rally in recent months, affecting markets worldwide.

Of course, the current picture is attributed by analysts to purely short-term factors, while it has nothing to do with the trend and prospects that have been formed in the Greek market recently. This is supported by the image of low trades in a waiting session, while the rise of the previous days was accompanied by an explosion of turnover in the triple digits of millions.

What could spoil the climate? Maybe a change in the monetary policy of the European Central Bank that will take away the favor on Greek assets, or a change in the investment prospects of the Greek economy. Of course, neither of the two possibilities has a great chance at this stage, as stated by ING, the Greek economy will move towards a new regularity this year, where investments will have a more visible role, supported by the inflow of funds from the Fund Recovery.

After all, the Commission today proceeded with a significant revision of the growth rate of the economy for both 2021 and 2022, forecasting in its winter estimates growth for this year at 4.9% and 3.1% in 2023, while for 2021 the The growth rate of the economy is estimated at 8.5%.

On the board

On the board now, PPC, Jumbo and Ethniki are gaining more than 1%, while ELHA, Hellenic Petroleum, OTE, IPTO, Biochalko, Titan, Aegean, Motor Oil and Terna Energy are moving slightly upwards.

On the other hand, Sarantis loses 1.39%, with Eurobank, Alpha Bank, Lambda, Quest, Ellactor, Piraeus, EYDAP, COca Cola, GEK Terna, OPAP and Mytilineos moving slightly downwards. Unchanged is the PPA.

Source: Capital

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