ATHEX: Mild pressures and mixed signals
All eyes are on the ECB
Mixed signals and waiting for the meeting of the European Central Bank is the picture that the Greek stock market shows today, which has seen slight corrections in the zone of 950 points.
The general index is at -0.19% and at 952.94 points, with the turnover being at low levels.
Trading activity has been declining since yesterday, indicating that caution in view of the meeting of the European Central Bank has returned to ATHEX. After all, the messages that will be given by Christine Lagarde today may also concern Greece, or at least they will affect the country in the long run.
Of course, after today, the interest will gradually shift to securities that traditionally, at least, distribute dividends, given that mixed portfolios are slowly tending to restructure the mix in favor of more “stable” options, whether they are direct bonds or and in shares of companies that are accustomed to sharing their -expected- annual profits.
In such a context, Aegean, Titan and Lambda are under the greatest pressure, which in short is offset by Ellactor and Hellenic Petroleum, while fluctuations οn most of the board are limited.
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