The reins of the Greek stock market, which is trying to maintain levels, but with most of its securities in negative territory, has now passed to sellers. The general index recorded losses of 0.19% at 1,134.33 points, with the turnover at 45 million euros.
“Just looking… not buying”. That’s the phrase on the lips of the market today, which sees the broad index eyeing the next milestone of 1,141 points (high for the year), but in no mood to break it. After all, it will first have to manage the profit-taking moves that are coming after yesterday’s rise.
However, the medium-term picture on the board remains excellent, which is easily inferred by observing most stocks, at least the index-heavy and mid-cap ones. In fact, the corporate results continue optimistically for the first quarter as well, the turnover stable and decent just before the elections.
On the board
In terms of securities, Sarantis, Piraeus and Autohellas are under the greatest pressure, while Titan, OPAP, PPA, Alpha Bank, Aegean, Mytilinaios, ELHA, GEK Terna, PPC, Terna Energy, Hellenic Petroleum and Eurobank are moving negatively. On the other hand, Jumbo, Ellaktor, Biohalco, Motor Oil, OTE, Lambda, Quest, National Bank and Coca Cola are moving positively.
Latest News
Athens’ Public Transport System Gets Green “Facelift”
The future of urban transport in Greece's capital city includes electrification, hydrogen, kinetic energy and even heighted security and monitoring through the use of drones
Athens Int’l Airport: 16.2% EBITDA Increase and 16.5% Passenger Growth in Q1 2024
Following the strong performance in the first quarter, the company revised its annual passenger traffic forecast for 2024 to 29.9 million passengers, a 6.3% increase (or roughly 1.8 million passengers) from 2023 levels.
Oxford Economics Report: Greek Economy is Just Below Risk Zone
However, the report points to a persistent challenge in the form of commercial credit risk, which remains high at 8 out of 10, ranking Greece 104th internationally
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024