ATHEX: Steady at 960 points

The Athens Stock Exchange is currently moving steadily at the level of 960 points, which, although receiving some pressure from almost half of the board, manages to keep the levels that are the highest in the last seven years.

In particular, the general index gains 0.28% to 963.11 points, with a turnover of around 32 million euros.

According to Trader24, the presence of the general index in the critical area of ​​960 points, constitute on the one hand what was achieved in 2022, on the other hand the pre-pandemic and psychological significance highs, which is also a seven year record. Furthermore, the findings involve extensions seen from the point of view of trading activity, both at the local level and in the individual analysis of the shares, mainly those that lead the movement, where there is a concentration of investment interest.

However, in addition to the stabilizing trends, the market has received significant support from the new estimates of the European Commission, as it forecasts growth of 8.5% in 2021 and 4.9% this year for Greece, reflecting the strong returns on exports and significant contribution of private consumption.

In terms of securities, PPC, Jumbo and National Bank stand out with their profits, while ELHA, Hellenic Petroleum, OTE, IPTO, Viohalko, Titan, Aegean, Motor Oil and Terna Energy move slightly upwards. On the other hand, the pressures focus on Saranti, Eurobank, Alpha Bank, Lambda, Quest, Ellactor, Piraeus, EYDAP, Coca Cola, GEK Terna, OPAP and Mytilineos.