The Stock Exchange receives banking support for the 890 units

of Alexandra Tombra

The Athens Stock Exchange is moving slightly upwards today, which needs to assimilate the new levels brought by the significant gains of the last two days, in order to test the higher levels.

In particular, the General Index records gains of 0.61% at 892.73 points, while the turnover is at 12 million euros and the volume at 5 million units. The FTSE 25 also recorded an increase of 0.75%, to 2,160.69 points, while the banking index gained 2.34% to 616.04 points.

This week’s climbing effort has found an ally in the positive climate of European markets, which show an improved picture compared to the previous period. Lately, the ATHEX has shown an upward reaction as soon as the climate in international markets improves, indicating that it has the purchasing power, but they need an extra boost to activate.

And what is pointed out by several analysts is that confidence in the Greek market is not lacking. What is missing is to establish Athens Avenue as a stable market in the consciousness of investors. Traditionally this sense of course was not the big asset of the ATHEX, however the framework and prospects seem to be improved and could work in favor of portfolios looking for options with less risk in emerging markets.

Thus, to the extent that confidence in the prospects of the critical sectors of the Greek market is consolidated, it is likely that the general index will return to the area of ​​890-900 points. In any case, the return of more than 900 units will give new air to the buyers, as critical technical milestones have been recovered.

On the board

On the board now, Ethniki and Alpha Bank record gains of 2.1% each, with Sarantis and OTE following with + 1.47% and + 1.16% respectively. OPAP, Eurobank, Piraeus, PPA, Hellenic Petroleum, EYDAP, Motor Oil and ELHA are moving slightly upwards.

On the other hand, Coca Cola and Viohalko record losses of 1.63% and 1.12% respectively, with Jumbo, Mytilineo, Titan, PPC, Ellactor and Terna Energy following with a small drop. Unchanged are Aegean, GEK Terna, IPTO and Lambda.