The Greek stock market is moving with losses today, continuing the corrective course that started yesterday and was interrupted by the buyers of specific titles.
The general index is currently moving with losses of 0.46% to 890.30 points, with the turnover still at low levels.
The market is also monitoring the international climate, as due to the lack of a domestic catalyst it takes the tone from the processes taking place in Europe to deal with the energy crisis. It is also affected by the latest data provided by the Federal Reserve through the minutes of the last meeting, as its guidance affects international money flows.
Looking at the ECB
And based on the above, the focus remains on the proceedings in Frankfurt and the European Central Bank, with analysts betting on a rate hike of 25-50 basis points in September. The situation is further complicated for the ECB, as the interest rate hikes come just as a recession caused by rising oil prices looms menacingly over the eurozone.
On the board
In such a context, PPC loses 2.03%, with Ellactor, Eurobank, Mytilene, Piraeus, Hellenic Petroleum and PPA following with significant losses. Motor Oil, Alpha Bank, ADMIE, National Bank, ELHA, OTE, Quest and Lambda are also in negative territory. On the other hand, Terna Energy and GEK Terna are making significant gains.
Η έκρηξη στα ακίνητα, η πτώση των τιμών, τα τεφτέρια που ξαναβγήκαν και ο «χρυσός» πίσω από τα καυσόξυλα
Mitsotakis at UN: Ankara’s disputing sovereignty of Greek territory crosses ‘red line’; instrumentalizing migrants aims to pressure Greece, EU
Although he touched on a number of issues in his address, it was Mitsotakis’ response to what he called “preposterous” statements and claims by Turkish leaders, including by Turkish President Recep Tayyip Erdogan, that served as the highlight
GIC to acquire majority stake Greece-based Sani/Ikos; value of hotel group at 2.3bln€
The agreement is due to be finalized in the fourth quarter of 2023
Wide-ranging Q&A session with Greek PM at Council on Foreign Relations
In response to a question regarding Turkey, Mitsotakis reiterated that official Ankara is “…weaponizing migrants is a hybrid, sort of, threat that has been used by countries, not just against Greece»
Sector study shows increased popularity for cruise holiday in 2023
According to a study commissioned by CLIA, interest in cruise holidays is higher than it was in 2019
Sklavenitis supermarket group reports 5.1% hike in turnover for 2021
Sklavenitis opened six new outlets in the provinces and renovated more than 80 stores
Seaplane license extended to western Greece port of Kyllini
A seaplane license for the port of Kyllini, in the northwest Peloponnese, has been issued, with a joint ministerial decision approving the development
Greece reduced natural gas consumption by 40% in September, Skrekas says
Skrekas presented the Greek government's strategy for ensuring sufficient energy supplies ahead of the coming winter, as well as the substantial assistance provided by Greece to the states of the region by supporting their energy supply
Turkey’s charges on migration issue are fake news
It is incredible that a country that has instrumentalized the migration issue charges Greece with crimes against humanity.
Athens court rules ‘snap’ strike by mass transit unions illegal, although ruling comes too late to avoid industrial action
The management of the Athens Urban Rail Transport (STASY), which operates the metro system, had filed a lawsuit against the strike when it was declared at noon on Tuesday for the next day, Wednesday
Three financial offers received for majority stake of Igoumenitsa port authority
Following the unsealing of the financial offers, HRADF’s board members announced the commencement of a process to seek improved bids by the three suitors