ATHEX – Steady profits at 1%

With a significant boost from selected securities, but also with the weight of almost -2% of PPC, the Greek stock market is moving today, which although returns to pre-Friday levels, does not show willingness to cross the resistance of 910 points.

Thus, the general index remains at 906.97 points with gains of 0.99%, but the turnover has exceeded 26 million euros.

With this move, the market maintains the positive short-term uptrend scenario, but its fulfillment does not yet seem to be realized. And this, as stock market sources comment to ot.gr, is a result of the increase of PPC’s share capital, which will be completed this week, absorbing a significant part of the market liquidity.

It is reminded here that the book of offers for PPC AMK will open on Tuesday, November 2 and will close on Thursday, November 4. The sale price will range from 8.50 to 9 euros, which means that the range of funds raised will range from 1.105 billion euros to 1.350 billion euros.

Thus, the share of PPC moves with losses of 2% to 9.1850 euros, “burdening” the market, which gets a significant boost from + 3.3% of Lambda, but also + 2.94% of Eurobank.

Profits in Viohalko, Alpha bank, Coca Cola, OTE, Ethniki and GEK Terna are also significant.