The Greek stock market may have started trading with bullish moods, but it is now moving in a range of a few points, with its eyes on Frankfurt. The general index recorded losses of 0.08% at 1,095.10 points, with the turnover at 32 million euros.
The market has confirmed several times that it wants to hold 1,080 points, but not take risks above 1,100 points, and it is doing so today. With the vast majority of stocks in negative territory, it is finding some supports to hold the levels and not allow sellers to dominate the overall index.
The scenario
The scenario that looks increasingly likely now, unless electoral correlations change and visibility improves for post-May 21, the general indicator will regress to the 1,100 resistance and 1,080 support. The climate in general, however, is optimistic in the medium term, with the main target being the upper level of 1,250 units.
At the level of securities, the pressures are increased on Eurobank, Titan, PPC and Autohellas, while in negative territory are National Bank, Sarantis, Aegean, Jumbo, Motor Oil, Ellactor, OTE, GEK Terna, Alpha Bank, Quest, ELHA, Terna Energy. and Coca Cola. On the other hand, the supports come from Mytilene, Piraeus, Viochalko, EYDAP and OPAP.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
