Athens stock exchange moving well despite turmoil in European markets
- Written by E.Tsiliopoulos
The Greek stock market is moving upwards, with support from the international markets today, and is recording very good performances since the beginning of the new year.
The general index is moving with gains of 0.71% at 924.91 points, with the turnover already at 10 million euros.
The differentiation of the ATHEX vis-à-vis the turmoil of foreign markets is the talk of the town in recent days, culminating yesterday of course, when the turnover reached 100 million euros after many weeks. And this element showed that there is interest from buyers, even at levels that are close to the maximum range of multi-month accumulation.
And market performance in a period of instability abroad, only optimism can bring. What remains to be seen now is whether the ATHEX can continue the big test of 930 points, where it has been stopped many times in recent months. Otherwise, a pull back to the close support of 904 units is on the table.
In terms of securities now, PPC, Piraeus Bank, Hellenic Petroleum, Alpha Bank and Jumbo are leading the rise, while OPAP, Viohalko, OTE, Coca Cola, Eurobank, Ellactor and Mytilineos are also operating positively. On the other hand, the pressures are mainly located in Motor Oil, ELHA, Terna Energeiaki and Lambda.
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth
