Led by PPC, but also the majority of its titles, the Greek stock market seems to overcome the morning uncertainty and move with small but satisfactory gains, in an effort to confirm the recapture of 870 points. Variability is not lacking today, despite the negativity of the international climate, however the selective moves so far are positive.
The general index is moving with gains of 0.65% to 876.76 points, having PPC leading with significant gains. A stock that will monopolize the interest this month, as the capital increase will be in the spotlight for several days. It is reminded here that the decision for a share capital increase is expected to be approved by the extraordinary General Meeting of the company’s shareholders on October 19. The book building process will start by the end of October and the pricing will be announced. The trading of the new shares is expected to start in early November.
In the meantime, what is expected today in the market is the preliminary draft budget, as well as the forecasts for the course of the economy, both in 2021 and 2022. According to the Budget Council, the estimate of the preliminary draft that the real GDP the year 2021 will be 6.1% rated as realistic, although it deviates significantly from the estimates of other international organizations. At the same time, the forecast for 2022 stands at 4.5%, a goal that, according to the report of the Financial Council, is achievable.
In such a context, PPC stands out with the + 2.12% it records, with ELHA, Saranti, Lambda, Terna Energy and Eurobank following with an increase of more than 1%. The contribution of Viohalko, Ethniki, Mytilineos, Alpha Bank, OTE, OPA, Coca Cola and others is also positive.
Τα νέα από το μέτωπο των εκλογών, το νέο πακέτο στήριξης και γιατί είναι… άνετοι οι τραπεζίτες με τα NPEs
Draft bill includes provision for observatory to analyze 'hybrid threats', use of drones
The draft legislation includes the prospect of courier services using drones for delivery of letters and parcels, something that the state-run Hellenic Post has already petitioned for
Iranian military board 2 Greek-flagged tankers in Gulf
On Friday afternoon, the Greek foreign ministry announced that it had briefed the EU, the IMO and allies over the development, while issuing a recommendation that Greek citizens avoid trips to Iran
Bill Gates in Athens; Microsoft investment in Greece at 1 bln€ over next decade
Following an invitation by Pfizer CEO Albert Bourla
Intercontinental International: Dividend distribution of 0.29 euros per share
The distribution of a dividend of 0.29 euros per share, was announced by Intercontinental International REIC
Explosion in the center of Athens: One injured
According to the Fire Department, a man was injured and was picked up by ambulance with burns
Dep. Tourism Min.: Meeting with major travel agencies in South Korea
The familiarization trip was attended by representatives of three leading travel groups of the Korean market with high activity in Europe
Bill Gates in Athens today
The strong man of Microsoft in Athens
Mitsotakis for Turkey: Those who threaten us, are marginalized and exposed
"We have no reason to open a dialogue with the illegal and the unhistorical"
Fin.Min.: No fiscal space for new measures in 2022
Discussion on new fuel support is premature
Tatoi: Works on the former royal estate are progressing rapidly
As stated by the Minister of Culture and Sports Lina Mendoni, the projects are progressing according to the schedules set by the Ministry of Culture, so that the property can be returned to Attica as a cultural pole and as a development resource.