ATHEX – Slight buyers’ lead

Without leaving much room for pressure to take on dimensions, the Greek stock market manages to remain in the zone of 950 points.

The general index gains 0.22% to 953.74 points, but trading activity remains low.

As much as the buying interventions observed on the board today, that is, as long as they stop the pressures and the general index does not lose these levels. But as long as no further risk is taken in an environment that is undermined by international unrest, which clearly can not be ignored by the “residents” of the bourse.

The real limits

And the ATHEX since the beginning of 2022 may have shown remarkable resilience to the turmoil seen in the western markets, but if a rapid change in the Federal Reserve monetary policy seems a global turmoil (as happened in 2013-2014), then no one can estimate what the real resistances of the Greek market will be in such a scenario. Therefore, the strategy of cautious upward movements in the present is considered expected, until the international landscape is clearer.

In terms of titles now, Piraeus, Viohako and Jumbo stand out with their strong profits, while the presences of Coca Cola, Alpha Bank, National Bank and OPAP are also positive. On the other hand, Motor Oil, Eurobank, PPC, Lambda, OTE and GEK Terna, significantly offset the upward movement of index stocks.