The Greek stock market is trying to manage the “sirens” of pre-election uncertainty today, with volatility still clouding the landscape, despite the two-day reaction that occurred after the test of nearby supports.
The general index recorded gains of 0.24% at 1,048.36 points, with turnover at 7 million euros.
The market may be closing today in its first bearish session of the month after five bullish days, but by all accounts it still has corrective “rests” to manage until the trend becomes clearer. On the plus side, the supports have held despite their ordeal as many portfolios are alert to soak up the supply.
However, as stock market circles explain to ot.gr, as long as trading activity remains at low levels, the task of supporting buyers becomes easier, as large funds will not have to be spent to support the market. Indeed, if the business news continues to be dense, perhaps the pre-election “damage” will be limited until 5/21.
The picture on the board
In terms of securities, Mytilinaios, Motor Oil, Coca Cola and Biohalco stand out with their gains, while Terna Energy, Ellactor, EYDAP, GEK Terna, ELHA, OTE, Alpha Bank, Aegean, Jumbo, Autohellas and Hellenic are also in positive territory. Oils. On the other hand, OPAP, Piraeus Bank, Lambda, Sarantis, PPC and National Bank are in negative territory, with Eurobank losing 1.39%.