The levels of 930 points are now being tested by the Athens Stock Exchange, which again with the help of the banks, but also of selected index weights, passed with a characteristic ease the zone of 920 points, attempting to overcome the multi-month accumulation.
In particular, the General Index records gains of 1.18% at 929.21 points, while the turnover is at 49 million euros and the volume at 25.4 million units. The FTSE 25 also rose 1.36% to 2,245.04 points, while the banking index rose 2.01% to 631.71 points.
With just one downtrend so far since the beginning of the year, the ATHEX has made a very good start for 2022, despite the turmoil in international markets. In fact, this uptrend, which essentially started on December 21, since since then only three are the downside sessions, has led the ATHEX to cover a distance of more than 60 points and in any case to the maximum range of the multi-month range. accumulation.
Now, whether this upward series can continue, but with the necessary stops in the meantime, lies in the fact that there was an inflow of new funds in Athens Avenue, which also took the positions in the securities that have outperformed, such as those of banks. On this front, too, expectations are positive, in the sense, of course, that at least yesterday and today we saw a jump in turnover to twice the levels observed for most of December. It only remains to see the time horizon of these moves, especially as we approach the critical levels of 830–850 points.
The announcement for the planned evaluation of our country by Fitch Rating may work positively on Friday. It is recalled that Fitch has rated the country with “BB”, two steps away from investment. The next scheduled rating is expected on March 18 by DBRS Morningstar, which holds the “BB” rating two steps behind the investment.
On the board
On the board now, Ellactor is gaining 3.44%, with Alpha Bank, Jumbo, OTE and Piraeus following with an increase of more than 2%. More than 1% is the increase in Ethniki, OPAP, Aegean, PPC, Viohalko and IPTO.
Eurobank, Hellenic Petroleum, Sarantis, Coca Cola, Lambda, Titan, Motor Oil and ELHA are moving slightly upwards, with EYDAP and Mytilineos unchanged. On the other hand, GEK Terna, Terna Energeiaki, PPA and Quest are moving slightly downwards.
.
The stock market is approaching the make or break levels
The levels of 930 points are now being tested by the Athens Stock Exchange, which again with the help of the banks, but also of selected index weights, passed with a characteristic ease the zone of 920 points, attempting to overcome the multi-month accumulation.
In particular, the General Index records gains of 1.18% at 929.21 points, while the turnover is at 49 million euros and the volume at 25.4 million units. The FTSE 25 also rose 1.36% to 2,245.04 points, while the banking index rose 2.01% to 631.71 points.
With just one downtrend so far since the beginning of the year, the ATHEX has made a very good start for 2022, despite the turmoil in international markets. In fact, this uptrend, which essentially started on December 21, since since then only three are the downside sessions, has led the ATHEX to cover a distance of more than 60 points and in any case to the maximum range of the multi-month range. accumulation.
Now, whether this upward series can continue, but with the necessary stops in the meantime, lies in the fact that there was an inflow of new funds in Athens Avenue, which also took the positions in the securities that have outperformed, such as those of banks. On this front, too, expectations are positive, in the sense, of course, that at least yesterday and today we saw a jump in turnover to twice the levels observed for most of December. It only remains to see the time horizon of these moves, especially as we approach the critical levels of 830–850 points.
The announcement for the planned evaluation of our country by Fitch Rating may work positively on Friday. It is recalled that Fitch has rated the country with “BB”, two steps away from investment. The next scheduled rating is expected on March 18 by DBRS Morningstar, which holds the “BB” rating two steps behind the investment.
On the board
On the board now, Ellactor is gaining 3.44%, with Alpha Bank, Jumbo, OTE and Piraeus following with an increase of more than 2%. More than 1% is the increase in Ethniki, OPAP, Aegean, PPC, Viohalko and IPTO.
Eurobank, Hellenic Petroleum, Sarantis, Coca Cola, Lambda, Titan, Motor Oil and ELHA are moving slightly upwards, with EYDAP and Mytilineos unchanged. On the other hand, GEK Terna, Terna Energeiaki, PPA and Quest 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.
You may also like
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
The Beauty and Personal Care products company, which was established by a group of young people in Florida State of
Chanpen Zhao: Digital currencies of the Central Bank lost in the fight against stablecoins
The former general director of the largest crypto-story world Binance Changpeng Zhao, at the Webx conference in Tokyo, that the
Turkey’s Minister of Transport uploaded videos to drive with 225 km/h – he was fined, apologizing publicly
A fine for exceeding the speed limit was imposed on Turkey’s Minister of Transport after posing a video showing him
Venice 2025, The Appeal of Venice4Palestine: “Stop the genocide in Gaza, collect the invitation to Butler and Gal Gadot”
“To withdraw the invitation to Gerard Butler, Gal Gadot and to any artist or celebrities who publicly and actively support
Trader James Winn switched to Ethereum and Dogecoin
The risky trader James Winn, who runs out on Bitcoins, began to trade in Dogecoin (DOGE) Ethereums and Memcoirs. Having
New massacre in Gaza: At least 15 dead, including three journalists, in an Israeli blow against hospital
An Israeli attack on Nasser Hospital in the southern part of the Gaza Strip today caused the deaths of at
A deadly pest eating flesh was first found in a human man in the US – What is Screwworm?
A case of the parasite Screwworm eating flesh was first found in a human being in the US. Parasitic flies
Get the latest
Stay Informed: Get the Latest Updates and Insights
Most popular
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
Chanpen Zhao: Digital currencies of the Central Bank lost in the fight against stablecoins
Turkey’s Minister of Transport uploaded videos to drive with 225 km/h – he was fined, apologizing publicly
Venice 2025, The Appeal of Venice4Palestine: “Stop the genocide in Gaza, collect the invitation to Butler and Gal Gadot”
Trader James Winn switched to Ethereum and Dogecoin