With the turnover through packages the rise in the Stock Exchange

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The Athens Stock Exchange is still moving with small gains, making the second consecutive attempt to cross the 893 points, after yesterday’s failure, but today having on its side more rising stocks.

In particular, the General Index records gains of 0.40% at 896.50 points, while the turnover is at 7.4 million euros and the volume at 3.2 million units. The FTSE 25 also recorded an increase of 0.43%, to 2,155.65 points, while the banking index gained 0.44% to 580.27 points.

With the turnover through packages the rise in the Stock Exchange

Although the market shows a slightly increased turnover, this is due to a package traded in the National, worth 4.55 million euros. However, apart from this package, the trading picture of the market remains at very low levels, confirming that despite the upward efforts, caution is present in the trading.

Concern from Omicron and inflation

Two fronts are what the market is waiting to face these days. The first is clearly the new Omicron variant of Covid 19, which may be described by scientists as worse than the Delta, but not as extreme as expected. The first messages are positive, but no one can rule out restrictions in the middle of the festive season, which is crucial for retail.

The second front is inflation in our country, as well as around the world, as it threatens to erode the disposable income of consumers, but also to change the policy mix of central banks. According to information from Capital.gr, the new rise just below the 5% expected for November in the national consumer price index will be a result of the continuous price increases, mainly of electricity and gas and secondarily of oil, September and part of October revaluations.

By the same token, a new rise is expected in December, as the price hikes of the second half of October and November will appear. Even the slight stabilization that appears from the beginning of the month, with oil at $ 75 a barrel and gas at 95 euros per kilowatt hour, is considered a “wait-and-see” until new data is available to reshape the new trend. in prices.

On the board

On the board now, Alpha Bank and Piraeus record gains of 1.23% and 1.05% respectively, while OPAP, PPC, OTE, Hellenic Petroleum, Motor Oil, Ellactor, ELHA, Terna Energy, Lambda, Viohalko are moving slightly upwards. , Titan, Jumbo, Sarantis and HELEX.

On the other hand, Aegean recorded losses of 1.58%, while EYDAP, IPTO, Ethniki, PPA, Mytilineos and GEK Terna moved slightly down, Coca Cola and Eurobank remained unchanged.

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