Not only does he seem to be overcoming the morning nervousness, but now the Athens Stock Exchange wants to test its strengths and endurance in the zone of 940 units, which it is recovering after two years in the pandemic tunnel.
In particular, the General Index records gains of 1.01% at 944.02 points, while the turnover is at 62.8 million euros and the volume at 23.5 million units. The FTSE 25 rose 0.98% to 2,283.97 points, while the banking index rose 0.89% to 644.30 points.
The visibility of the big goal of 2021, which was not achieved, ie 950 points, seems to be better and better for the general index, which with a significant positive series since December 21 has recorded gains of more than 70 points. And it seems that this good course will continue, as it is accompanied by increased turnover, which testifies that the interest of investors remains lively.
This interest is currently fueled by HSBC’s positive report on Greek stocks, but no one can overlook the fact that in the last quarter of 2021 foreign analysts were skeptical about the prospects of the Greek economy and several listed companies, but the ATHEX remained mired in its many months accumulation.
And it was none other than the advent of 2022 that brought an air of renewal to Athens Avenue, which was initially perceived mainly by the banking sector, to gradually spread throughout the board. And as Apostolos Manthos of Aenaon Markets has pointed out, the completion of an upward escape for the banking index above the zone of 640 to 650 points will open the landscape for the big uphill road that leads to the passage of 800 points. Something he is trying today.
HSBC also relied on the combination of strong cyclical recovery and cheap valuations to recommend Overweight to Greek stocks in the first quarter of 2022. And based on average market forecasts, the P / E in the Greek market as a whole is placed at 10.9x for 2021 and at 9.4x for 2022. The increase in profitability is set at 15.4% for 2022.
Dashboard
On the board now, Quest, Jumbo and GEK Terna record profits in excess of 3%, while over 2% is the rise in Hellenic Petroleum, Biochalco and Alpha Bank and over 1% in Terna Energy, ELHA, Aegean, EYDAP, Mytilineos, PPA, IPTO and Titan.
OPAP, Piraeus, Ethniki, Sarantis, OTE, PPC and Motor Oil are moving slightly upwards, while Eurobank, Coca Cola, Ellactor and Lambda are moving slightly downwards.
.
The Stock Exchange now sees all 950 units
Not only does he seem to be overcoming the morning nervousness, but now the Athens Stock Exchange wants to test its strengths and endurance in the zone of 940 units, which it is recovering after two years in the pandemic tunnel.
In particular, the General Index records gains of 1.01% at 944.02 points, while the turnover is at 62.8 million euros and the volume at 23.5 million units. The FTSE 25 rose 0.98% to 2,283.97 points, while the banking index rose 0.89% to 644.30 points.
The visibility of the big goal of 2021, which was not achieved, ie 950 points, seems to be better and better for the general index, which with a significant positive series since December 21 has recorded gains of more than 70 points. And it seems that this good course will continue, as it is accompanied by increased turnover, which testifies that the interest of investors remains lively.
This interest is currently fueled by HSBC’s positive report on Greek stocks, but no one can overlook the fact that in the last quarter of 2021 foreign analysts were skeptical about the prospects of the Greek economy and several listed companies, but the ATHEX remained mired in its many months accumulation.
And it was none other than the advent of 2022 that brought an air of renewal to Athens Avenue, which was initially perceived mainly by the banking sector, to gradually spread throughout the board. And as Apostolos Manthos of Aenaon Markets has pointed out, the completion of an upward escape for the banking index above the zone of 640 to 650 points will open the landscape for the big uphill road that leads to the passage of 800 points. Something he is trying today.
HSBC also relied on the combination of strong cyclical recovery and cheap valuations to recommend Overweight to Greek stocks in the first quarter of 2022. And based on average market forecasts, the P / E in the Greek market as a whole is placed at 10.9x for 2021 and at 9.4x for 2022. The increase in profitability is set at 15.4% for 2022.
Dashboard
On the board now, Quest, Jumbo and GEK Terna record profits in excess of 3%, while over 2% is the rise in Hellenic Petroleum, Biochalco and Alpha Bank and over 1% in Terna Energy, ELHA, Aegean, EYDAP, Mytilineos, PPA, IPTO and Titan.
OPAP, Piraeus, Ethniki, Sarantis, OTE, PPC and Motor Oil are moving slightly upwards, while Eurobank, Coca Cola, Ellactor and Lambda are moving slightly downwards.
.
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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