The Athens Stock Exchange is currently trying to expand its upward reaction, approaching the zone of 830 points, with the support of specific shares of large capitalization.
In particular, the General Index records gains of 1.66% at 828.77 points, while the turnover is at 32 million euros and the volume at 11 million units. The FTSE 25 is up 0.99% at 1,985.01 points, while the banking index is gaining 0.52% at 521.59 points.
Although the climate remains fragile in the market, there are specific securities that help move the General Index away from the support of 810 points. So far it has made a significant move approaching the 830 units again, but the change of gear will require the recovery of the 850 units.
Unless something changes in the next few days, the negative scenario will remain in place, according to domestic analysts, who believe that the stock market can not be cut off from the negative international climate created by the capital shifts. In order to make a difference, the European Central Bank must at least decide on a strong protection tool against rising government borrowing costs.
Unless there is something on the central banks’ front that changes the estimates for an abnormal “landing” of the economies, even the positive macro or micro news in the domestic market will “burn”, reports a stock market source in Capital.gr. As the positive trends of the economy have been “burned” in the stock market so far, in the aftermath of the risk off of foreigners from markets that involve risk, such as the Greek one.
On the board
On the board now, Terna Energy with + 6.75% and GEK Terna with + 4.41% continue to stand out today, incorporating the gossip about deals. However, the contribution of + 2.22% of Coca Cola is large, as well as the more than 1% profits in Saranti, Jumbo, Alpha Bank, OTE and IPTO.
Titan, Piraeus, PPC, Ethniki, Hellenic Petroleum, Mytilineos, Aegean, ELHA, Lambda and Eurobank are moving slightly upwards, with OPAP, PPA and Ellactor unchanged. On the other hand, Viohalko, EYDAP and Motor Oil are moving slightly down, with Quest being at -1.80%.
The Stock Exchange sees all 830 points
The Athens Stock Exchange is currently trying to expand its upward reaction, approaching the zone of 830 points, with the support of specific shares of large capitalization.
In particular, the General Index records gains of 1.66% at 828.77 points, while the turnover is at 32 million euros and the volume at 11 million units. The FTSE 25 is up 0.99% at 1,985.01 points, while the banking index is gaining 0.52% at 521.59 points.
Although the climate remains fragile in the market, there are specific securities that help move the General Index away from the support of 810 points. So far it has made a significant move approaching the 830 units again, but the change of gear will require the recovery of the 850 units.
Unless something changes in the next few days, the negative scenario will remain in place, according to domestic analysts, who believe that the stock market can not be cut off from the negative international climate created by the capital shifts. In order to make a difference, the European Central Bank must at least decide on a strong protection tool against rising government borrowing costs.
Unless there is something on the central banks’ front that changes the estimates for an abnormal “landing” of the economies, even the positive macro or micro news in the domestic market will “burn”, reports a stock market source in Capital.gr. As the positive trends of the economy have been “burned” in the stock market so far, in the aftermath of the risk off of foreigners from markets that involve risk, such as the Greek one.
On the board
On the board now, Terna Energy with + 6.75% and GEK Terna with + 4.41% continue to stand out today, incorporating the gossip about deals. However, the contribution of + 2.22% of Coca Cola is large, as well as the more than 1% profits in Saranti, Jumbo, Alpha Bank, OTE and IPTO.
Titan, Piraeus, PPC, Ethniki, Hellenic Petroleum, Mytilineos, Aegean, ELHA, Lambda and Eurobank are moving slightly upwards, with OPAP, PPA and Ellactor unchanged. On the other hand, Viohalko, EYDAP and Motor Oil are moving slightly down, with Quest being at -1.80%.
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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