ATHEX: Caution and waiting

The Greek stock market is wary today, which although it tried to move again to the zone of 950 points, the sellers restored the general index to the support of 940 points.

In particular, the general index recorded losses of 0.12% at 944.96 points, with a turnover of 38 million euros.

However, the nervousness is present in today’s meeting, as investors, mainly foreigners, are proceeding with portfolio restructuring after the new data from the European Central Bank. Besides, the increase in the yields of Greek 10-year bonds imposes changes in the stock options, based on the new data that are formed in the cost of borrowing.

The industry that will remain in focus is clearly the banking sector, which has not only attracted buyers, but also absorbs a large part of the daily turnover, either through the dashboard or through pre-agreed transactions. Besides, today stand out both Eurobank packages of 5 million pieces worth 5.25 million euros, which were traded just before 13:00.

At the level of securities, Ethniki keeps the limits of sellers with the + 2.60% that it records, with Viochalko, OTE, Alpha Bank, Terna Energeiaki and IPTO moving positively. In contrast, however, Lambda, Coca Cola, Titan, Aegean are under the greatest pressure, while Piraeus, GEK Terna, OPAP, Jumbo, Motor Oil, Hellenic Petroleum and PPC are moving negatively.