[ad_1]
By Alexandra Tombra
It may have been difficult, but in the end, the Athens Stock Exchange managed to exceed 630 points, today, keeping several buyers inside, even when it was tested, within the conference, by pressure from those who wanted to secure the profits from the meeting. from yesterday.
In particular, the General Index closed with gains of 1.41% at 634.96 points, while today it moved between 626.09 points (-0.01%) and 635.92 points (+ 1.56%). The turnover amounted to 62.5 million euros and the volume to 48.8 million units, while 6.1 million units were sold through previously agreed transactions (at Alpha Bank 6 million).
The high capitalization index closed with an increase of 2.25%, to 1,539.34 points, while at -0.11% Mid Cap completed the transactions at 904.84 points. The bank index closed with gains of 5.12% at 349.95 points.
Today’s meeting at the Athens Stock Exchange had it all. The General Index started with significant gains, reaching up to 635 points, to lose most of them shortly after 14:30, where he even fought for the brand. However, shortly after 15:00, the outlook improved significantly, with the General Index reaching + 1.56%, receiving strong support from both Coca Cola and the banks.
Although technically the General Index crossed resistance at 628 points, paving the way for the next resistance near 650 points, today’s move gave buyers a significant boost as it “broke” the roof of the recent mini rally. In fact, the General Index has returned to its highest levels since March 11, after three attempts to break the gap.
However, today’s meeting reaffirmed that the way back to pre-crisis levels is long and difficult. And the first thing that the internal market has to try is to restore the confidence of the portfolios in the medium and long term that will act as a bulwark at levels that it has not seen in the last year.
As the market sources comment Capital.grLong-term investors will expect to see two important figures: one is the magnitude of the Greek economy’s recession in the second quarter of the year and the other is the results of the proposed periods. To do this, however, they must wait at least until the end of the summer. Until then, speculation can only be done based on prevailing indicators.
Meanwhile, the market is waiting for the Prime Minister’s message today, so that he has a first image of the restart of the economy. Starting May 4, the strategic plan to be implemented will have the components of a gradual and lasting process. A process that will evolve in phases, between which one or even two weeks will pass.
meeting
On the board now, Aegean and Ethniki stood out with + 6.6% both, with Eurobank and Alpha Bank rising 5.37% and 5.25% respectively. Coca Cola gained 3.57%, Motor Oil strengthened 3.27%, with Viochalco, Jumbo and Titan closing with gains above 2%.
More than 1% was the increase for HELEX, IPTO, Piraeus, OTE and OPAP, while Fourlis, Mytilineos, Sarantis, Hellenic Petroleum and PPA moved slightly upward. Conversely, GEK Terna lost 3.22%, Lambda fell 2.24%, while more than 1% was the fall of EYDAP, PPC and Terna Energy. Ellactor closed down 0.11%.
