The Stock Exchange lost its profits

LAST UPDATE: 13.43

The first attempt to break the 970 points on the Athens stock exchange seems to fall into the void, which has now lost almost all its morning gains and is only trying to hold the 960 points.

In particular, the General Index records gains of 0.06% at 962.40 points, while the turnover is at 54.2 million euros and the volume at 25.5 million units. The FTSE 25 also increased by 0.05%, to 2,355.69 points, while the banking index increased by 0.30% to 739.11 points.

It was clear that even if the ATHEX had shown resilience to international turmoil, it needed a smoother international environment to be able to test its strengths at levels it had not seen in seven years. Assimilation of levels above 950 units is currently the priority, in order to climb higher levels more smoothly.

Of course, this does not mean that the ATHEX lacks the positive trend that prevails over time. The catalysts are well known and belatedly evaluated on Athens Avenue, with the big risk being whether they can be implemented in a difficult international environment, such as the one prevailing with the central bank and Ukrainian fronts being open in several scenarios.

So what most domestic analysts point out is that the ATHEX should continue the small and steady steps, as it happens, with any moves to new levels to be accompanied by high turnover. After all, the trading “breaks” are in the “program” of an upward movement of duration, as we see the ATHEX doing from time to time.

And what is pointed out now is both in yesterday’s meeting, with a large part of the turnover being the packages in GEK Terna, as in today, as so far we have 20.4 million euros through packages mainly in the banks, we see the market moving forward in strategic moves that can act in the near future as embankments in external turbulence. And this will be confirmed several times in the near future.

Dashboard

On the board now, there are many titles that slide into negative territory, with OTE losing 1.15% and Jumbo, Lambda, Piraeus, Quest, ELHA, GEK Terna, Sarantis, Titan and Motor Oil following with small losses .

On the other hand, Coca Cola recorded gains of 1.03%, with Eurobank, PPC, Ethniki, IPTO, Mytilineos, Ellactor, Aegean, EYDAP and PPA following with a small increase. Unchanged are Viohalko, Terna Energy, OPAP, Alpha Bank and Hellenic Petroleum.