With banks and Coca Cola over 920 units the Stock Exchange

Coca Cola has once again taken its “weapon” and with the “helper” of the banks is once again leading the Athens stock market to higher levels, with the goal of 930 units now being visible to market optimists.

In particular, the General Index records gains of 1.70% at 921.93 points, while the turnover is at 40.4 million euros and the volume at 22.4 million units. The FTSE 25 also rose 1.94% to 2,223.45 points, while the banking index rose 3.65% to 617.85 points.

Against the nervousness of the international markets, the ATHEX has managed both on Friday and today, to move higher, and to expand its positive image for the ninth session in the last 12. And the help it initially received, from Coca Cola, continues every year. intervals, as today, while the banking industry has entered the dance of the rise. It is also indicative that the banking sector is moving above 600 units, for the first time since the end of November, when the Omicron mutation first appeared in the world.

Technical image

According to Fast Finance, this improved image of the ATHEX gave buying signals to the entire market and to daily and weekly charts. However, the upper range that we are used to stopping the market is the zone of 930 units, so it is a significant close resistance. On a monthly basis we manage to close over 886 units that maintain the trend, while on a daily basis we move away again from the 200-day mobile phone. The 890 units are close support.

In the FTSE 25, 2,185 points is the near resistance that a breakout can target at 2,241 with an intermediate resistance of 2,217 points. The 2,157 units are the close support for 25ari. The banker on his part seems to solve the accumulation of the last period. 608 points is a close resistance that needs attention, but the closing closure can move to 628 points. The 584 is the closest and the 570 units the main support.

On the board

On the board now, Ethniki and Alpha Bank record gains of 4.72% and 4.45% respectively, with Piraeus, Eurobank and Coca Cola following an increase of more than 3%. At + 2.52% is Jumbo, while over 1% are the profits in Titan, Mytilineos, Viohalko, OTE, Ellactor, Motor Oil, ELHA and EYDAP.

Quest, IPTO, OPAP, Terna Energy, PPC, Hellenic Petroleum and Aegean are moving slightly upwards, with GEK Terna unchanged. On the other hand, the PPAs, Sarantis and Lambda are moving slightly downwards.