In a narrow range of fluctuations between 1,400 – 1,460 units still going on Stock Exchange of Athens while there are only three meetings left until the end of June, but also in the first semester.
With a mega-deal for its sale Terna Energy which was announced again MSCI without showing favoritism to Greece by maintaining AA in Emerging Markets, the Greek capital market has… ran out of special fuel.
This made him vulnerable again international shocks/fluctuations, because all attention is premature Parliamentary elections in France and the risk of government instability in Europe’s No.2 economy.
At the same time, the series dividend cut they come – by tradition – to strengthen the board’s sales orders. Remember that yesterday a total of 10 listed companies “cut” the right to this year’s award, while today it’s the turn of melt (1.5 euros/share), Motor Oil (1.4 euros/share) and Fourlis (0.12 euros/share).
Investors are also interested banking sectorWHO it is now 9% away from the recent high, with Alpha Bank and Piraeus receiving the most intense pressure. This resulted in the former being at its lowest level since November and the latter at its lowest level since January.
The recent statement of the Minister of Economy, Kostis Hatzidakis, is about the possible state intervention regarding feescomes to intensify the concern of the sector, which negatively affects the climate.
Within this context, the General Index remains in the region of 1,420 units, with folding from a multi-year high of 1,502 points to count for something more than 5.5%. However, this does not rule out the significant increase in the first halfwhich is around it +10%.
From a technical point of view, the 1,400 units is still the mainstay of the General Index, which at the same time saw the first resistances of 1,460 units. THE average index for the last 200 days placed in 1,339 units.
The image abroad
Abroad, now, the European markets leading to a positive opening of the current session, although the investment nervousness it is estimated that it will remain dominant in the view of French elections (on June 30 the first phase)
On the other side of the Atlantic, after his return yesterday S&P 500 in positive territory, its future Wall Street shows marginal fluctuations as traders turn their eyes to Friday’s inflation data (personal expenditure prices).