The Athens Stock Exchange is currently testing its strength above 900 points, which, although coming from two weeks of rise, is trying to continue its positive streak, although trading activity remains low.
In particular, the General Index records gains of 0.26% at 901.01 points, while the turnover is at 1.5 million euros and the volume at 0.6 million units. The FTSE 25 also recorded an increase of 0.22%, to 2,166.50 points, while the banking index gained 0.23% to 583.52 points.
Looking at the central banks
This week the ATHEX may have the end of December derivatives, but also gradually enter the last fortnight of the year, but the focus will be firmly on the meetings of the Federal Reserve on Wednesday and the European Central Bank on Thursday, where tone is expected to be given to managing strong inflationary pressures. Now the pressures for action through the reduction of securities purchase programs are great, while it is clear that if Frankfurt decides, it will also affect Greece.
But beyond these crucial meetings, domestic analysts expect the market turnover to improve slightly, both due to the end of the December series and the opening of the new series in March. And the increase we will see may be only technical due to the roll over of the positions, but according to Fast Finance, we are now approaching to cut the thread of 2021 with the year looking slim in performance since until today the DG is running with 11% profit, however if one considers how much new money was invested through AMK and bonds one will have to count many years back to remember them.
Technically, according to Fast Finance, if we look at the big picture we should secure the level of 930 points, while in any case a month close above 886 points is positive. After all, it is very difficult for the market to break down such a large 9-month accumulation with the macroeconomics and the performance of the companies going from good to better.
On the board
On the board now, Terna Energy and Hellenic Petroleum record gains of 1.04% and 1% respectively, while Aegean, Piraeus, Titan, Coca Cola, PPC, IPTO, Ethniki, Viohalko, PPA, OTE, OPAP move slightly higher. Ellactor and Eurobank.
On the other hand, EYDAP, Motor Oil, ELHA, Lambda, Mytilineos and Alpha Bank are moving in negative territory, but none of them is moving with losses of more than 0.8%. Unchanged are Jumbo, Sarantis, HELEX and GEK Terna.
.
The Stock Exchange tests all 900 units
The Athens Stock Exchange is currently testing its strength above 900 points, which, although coming from two weeks of rise, is trying to continue its positive streak, although trading activity remains low.
In particular, the General Index records gains of 0.26% at 901.01 points, while the turnover is at 1.5 million euros and the volume at 0.6 million units. The FTSE 25 also recorded an increase of 0.22%, to 2,166.50 points, while the banking index gained 0.23% to 583.52 points.
Looking at the central banks
This week the ATHEX may have the end of December derivatives, but also gradually enter the last fortnight of the year, but the focus will be firmly on the meetings of the Federal Reserve on Wednesday and the European Central Bank on Thursday, where tone is expected to be given to managing strong inflationary pressures. Now the pressures for action through the reduction of securities purchase programs are great, while it is clear that if Frankfurt decides, it will also affect Greece.
But beyond these crucial meetings, domestic analysts expect the market turnover to improve slightly, both due to the end of the December series and the opening of the new series in March. And the increase we will see may be only technical due to the roll over of the positions, but according to Fast Finance, we are now approaching to cut the thread of 2021 with the year looking slim in performance since until today the DG is running with 11% profit, however if one considers how much new money was invested through AMK and bonds one will have to count many years back to remember them.
Technically, according to Fast Finance, if we look at the big picture we should secure the level of 930 points, while in any case a month close above 886 points is positive. After all, it is very difficult for the market to break down such a large 9-month accumulation with the macroeconomics and the performance of the companies going from good to better.
On the board
On the board now, Terna Energy and Hellenic Petroleum record gains of 1.04% and 1% respectively, while Aegean, Piraeus, Titan, Coca Cola, PPC, IPTO, Ethniki, Viohalko, PPA, OTE, OPAP move slightly higher. Ellactor and Eurobank.
On the other hand, EYDAP, Motor Oil, ELHA, Lambda, Mytilineos and Alpha Bank are moving in negative territory, but none of them is moving with losses of more than 0.8%. Unchanged are Jumbo, Sarantis, HELEX and GEK Terna.
.
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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