ATHEX: Buyers overtake sellers

The climate in the Greek stock market has changed drastically, with buyers having been active mainly in the construction sector and leading the general index to positive ground.

The general index is moving with gains of 0.54% at 922.47 points, with the turnover having improved compared to the levels of the previous days, since it is approaching 40 million euros.

As everything shows, ATHEX can maintain its upward trajectory, which has been in force since the beginning of the third ten days of March, and cover the entire loss from the highs of the year. After all, it has already covered the lost ground since the beginning of the Russian invasion of Ukraine, while the message for the future is positive.

Once again, however, the ATHEX manages to overcome the negative international climate and move against the general trend. And the recovery, which is moving ahead for the third consecutive week, is starting to take on more structural elements, such as the diffusion of interest and the slow but critical improvement in turnover. So the question that we will see if answered is on the front of the titles that have lagged behind in the recovery, such as the index Coca Cola.

In terms of titles, Lambda, Terna Energeiaki, Ellactor and Jumbo are now leading the rise, while GEK Terna, Motor Oil, Aegean, Ethiki, IPTO, Titan, Mytilineos, Piraeus, OPAP and Alpha Bank are moving positively. On the other hand, Coca Cola and Quest suffered heavy losses, while OTE, PPC, Eurobank, Hellenic Petroleum and ELHA were down.