The Athens Stock Exchange is holding a wait-and-see attitude today, trying to keep the 860-point zone against the negative international climate that is escalating after the two-day reaction.
In particular, the General Index records gains of 0.12% at 860.80 points, while the turnover is at 6 million euros and the volume at 2.7 million units. The FTSE 25 also recorded an increase of 0.03%, at 2,066.95 points, while the banking index lost 0.01% to 560.75 points.
Not down … not up. This is the picture that the general index shows since May 6, when it slipped below 870 points, which it has been difficult to recover ever since. The fluctuation remains at the close between 846 and 866 units, with buyers reacting to the falls, but being exhausted on the rises.
On the other hand, the banking sector shows the most negative picture, as since April 26 it has made only three upward outbursts, while the “red” dominates its statistics. And as a stock market source in Capital.gr comments, it is not possible to display this picture just because the estimates for problem loans have deteriorated slightly. After all, as the European Central Bank moves towards the gradual tightening of its policy, interest rate margins will improve, while enhancing profitability.
But what is most worrying is the course of economic growth and whether the negative international environment will stop it. Analysts and stakeholders are already placing 2022 growth in the 3% to 3.5% range, but the impact of the problems facing the economy, shortage of raw materials, inflation, etc., no one knows how it will affect it. Without, of course, overlooking the fact that tourism is expected to support the economy this year, as well as in 2019.
On the board
On the board now, ELHA records gains of 3.34%, with Viohalco being at + 1.20%. OTE, Terna Energy, Hellenic Petroleum, Alpha Bank, GEK Terna, Quest, Jumbo, Titan, Ethniki and Aegean are moving slightly upwards.
On the other hand, Motor Oil, Eurobank, Coca Cola, OPAP, EYDAP, PPC, IPTO, Lambda, PPA and Piraeus are in negative territory, but none of them is moving with losses of more than 1%. Mytilineos, Sarantis and Ellactor are unchanged.
Trading around 860 units on the Stock Exchange
The Athens Stock Exchange is holding a wait-and-see attitude today, trying to keep the 860-point zone against the negative international climate that is escalating after the two-day reaction.
In particular, the General Index records gains of 0.12% at 860.80 points, while the turnover is at 6 million euros and the volume at 2.7 million units. The FTSE 25 also recorded an increase of 0.03%, at 2,066.95 points, while the banking index lost 0.01% to 560.75 points.
Not down … not up. This is the picture that the general index shows since May 6, when it slipped below 870 points, which it has been difficult to recover ever since. The fluctuation remains at the close between 846 and 866 units, with buyers reacting to the falls, but being exhausted on the rises.
On the other hand, the banking sector shows the most negative picture, as since April 26 it has made only three upward outbursts, while the “red” dominates its statistics. And as a stock market source in Capital.gr comments, it is not possible to display this picture just because the estimates for problem loans have deteriorated slightly. After all, as the European Central Bank moves towards the gradual tightening of its policy, interest rate margins will improve, while enhancing profitability.
But what is most worrying is the course of economic growth and whether the negative international environment will stop it. Analysts and stakeholders are already placing 2022 growth in the 3% to 3.5% range, but the impact of the problems facing the economy, shortage of raw materials, inflation, etc., no one knows how it will affect it. Without, of course, overlooking the fact that tourism is expected to support the economy this year, as well as in 2019.
On the board
On the board now, ELHA records gains of 3.34%, with Viohalco being at + 1.20%. OTE, Terna Energy, Hellenic Petroleum, Alpha Bank, GEK Terna, Quest, Jumbo, Titan, Ethniki and Aegean are moving slightly upwards.
On the other hand, Motor Oil, Eurobank, Coca Cola, OPAP, EYDAP, PPC, IPTO, Lambda, PPA and Piraeus are in negative territory, but none of them is moving with losses of more than 1%. Mytilineos, Sarantis and Ellactor are unchanged.
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.
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
Aesthetic body treatments for lazy, put yourself comfortable: like a session in the gym (but without sweating!)
Squts, lunges, abdominals, legs for legs and buttocks. Just to read them already begin to sweat … cold? Don’t panic:
Donald Trump: The blows were a spectacular military success – Iran’s future has either peace or tragedy
US forces hit Iran’s three main nuclear facilities, US President Donald Trump said late Saturday night and warned Tehran that
How the US hit Iran’s nuclear facilities in Forto, Natanz and Isfahan-12 Bombs and B-2 Spirit
The United States used the GBU-57A/B Massive Ordnance Penetrator (MOP) bomb, known as “Bunker Buster”, during attacks on Iranian nuclear
Nigeria: Five dead and at least 15 injured from a truck explosion
A truck explosion that carried scrap metal cost five people on the outskirts of Kano, the most populous city in
Trump’s big complaint: I will never take Nobel Peace Whatever I do even with Russia/Ukraine and Israel/Iran
Donald Trump, posting on Truth Social, complains that despite the fact that he is still ending a war, he will
Reuters: Israel is in Trump: “We will not wait two weeks – we will hit ourselves”
Israeli officials, including Benjamin Netanyahu and Defense Minister Israel Katz, told the Trump government that they did not intend to
Get the latest
Stay Informed: Get the Latest Updates and Insights
Most popular
Young Entrepreneurs Sending Gifts To Their Generous Supporters!
Aesthetic body treatments for lazy, put yourself comfortable: like a session in the gym (but without sweating!)
Donald Trump: The blows were a spectacular military success – Iran’s future has either peace or tragedy
How the US hit Iran’s nuclear facilities in Forto, Natanz and Isfahan-12 Bombs and B-2 Spirit
Nigeria: Five dead and at least 15 injured from a truck explosion