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Athens stock exchange moving well despite turmoil in European markets

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.

  • Published in Economy

Greek Stocks Climb

Most Greek stocks began this week with earnings, however trading volumes were minimal, as investors are cautious under the nation's current political climate.

  • Published in Economy
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