With the “heavy artillery” of Ethniki and Coca Cola on the … front, the Athens Stock Exchange returns to the zone of 920 points, although it does not take the step to “erase” the losses of the five days.
In particular, the General Index records gains of 0.99% at 919.66 points, while the turnover is at 72.7 million euros and the volume at 19 million units. The FTSE 25 also rose 1.12% to 2,216.77 points, while the banking index gained 2.34% to 596.86 points.
Turnover elsewhere … profits elsewhere
Although undoubtedly the share of PPC is in the spotlight today, both due to the introduction of new shares and due to its upgrade by MSCI, which will take effect tonight, the rise of Ethniki steals the show. The share of Ethniki, after five declining sessions and cumulative losses of 8.16%, is recovering today at 2.73 euros with gains of 4.83%, giving a significant boost to the General Index. Coca Cola is also giving a boost, with its jump of 2.6%.
Of course, the volume that both of these shares have traded does not exceed 600 thousand units, and of course it does not compare with the 4 million units traded by the PPC share, whose turnover is at 41 million euros. And the estimate is that it will continue to rise until the end of the session, as the stock enters the MSCI Standard, with several inputs being routed.
The Stock Exchange remains “neutral” in positive assessments
However, apart from the market movements based on business developments, a picture that can in no way be characterized as problematic, the average assessment of analysts is that the Stock Exchange has not yet assessed the positive prospects seen by foreign analysts. Yesterday Morgan Stanley saw an upgrade of the Greek economy by Moody’s, while today UBS describes Greece as a growth champion.
Of course, according to analysts, we are expected to see how energy costs will affect the dynamics of the recovery, as increases in fuel and raw material prices create significant problems in the Consumer Price Index. And the fears are that they may affect the dynamic growth of the Greek economy, with the market clearly taking a more cautious stance.
On the dashboard
On the board now, apart from Ethniki and Coca Cola, Alpha Bank is strengthening by 2.10%, with Piraeus, Eurobank, PPA, Mytilineo, Terna Energy and GEK Terna following with profits of more than 1%. IPTO, Viohalko, Lambda, HELEX, OTE, Titan, Sarantis and PPC are moving slightly upwards.
On the other hand, ELHA, Motor Oil, Hellenic Petroleum, EYDAP, Ellactor and Jumbo are moving in negative territory, but none of them is moving with losses of more than 0.7%. Aegean is unchanged.
.
The Stock Exchange tests all 920 points
With the “heavy artillery” of Ethniki and Coca Cola on the … front, the Athens Stock Exchange returns to the zone of 920 points, although it does not take the step to “erase” the losses of the five days.
In particular, the General Index records gains of 0.99% at 919.66 points, while the turnover is at 72.7 million euros and the volume at 19 million units. The FTSE 25 also rose 1.12% to 2,216.77 points, while the banking index gained 2.34% to 596.86 points.
Turnover elsewhere … profits elsewhere
Although undoubtedly the share of PPC is in the spotlight today, both due to the introduction of new shares and due to its upgrade by MSCI, which will take effect tonight, the rise of Ethniki steals the show. The share of Ethniki, after five declining sessions and cumulative losses of 8.16%, is recovering today at 2.73 euros with gains of 4.83%, giving a significant boost to the General Index. Coca Cola is also giving a boost, with its jump of 2.6%.
Of course, the volume that both of these shares have traded does not exceed 600 thousand units, and of course it does not compare with the 4 million units traded by the PPC share, whose turnover is at 41 million euros. And the estimate is that it will continue to rise until the end of the session, as the stock enters the MSCI Standard, with several inputs being routed.
The Stock Exchange remains “neutral” in positive assessments
However, apart from the market movements based on business developments, a picture that can in no way be characterized as problematic, the average assessment of analysts is that the Stock Exchange has not yet assessed the positive prospects seen by foreign analysts. Yesterday Morgan Stanley saw an upgrade of the Greek economy by Moody’s, while today UBS describes Greece as a growth champion.
Of course, according to analysts, we are expected to see how energy costs will affect the dynamics of the recovery, as increases in fuel and raw material prices create significant problems in the Consumer Price Index. And the fears are that they may affect the dynamic growth of the Greek economy, with the market clearly taking a more cautious stance.
On the dashboard
On the board now, apart from Ethniki and Coca Cola, Alpha Bank is strengthening by 2.10%, with Piraeus, Eurobank, PPA, Mytilineo, Terna Energy and GEK Terna following with profits of more than 1%. IPTO, Viohalko, Lambda, HELEX, OTE, Titan, Sarantis and PPC are moving slightly upwards.
On the other hand, ELHA, Motor Oil, Hellenic Petroleum, EYDAP, Ellactor and Jumbo are moving in negative territory, but none of them is moving with losses of more than 0.7%. Aegean is unchanged.
.
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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