The “reins” again fell to the sellers Stock Exchange of Athenssuch as buyers the lead disappeared in the morning, under their weight pressure on European shareswhich has so far lost 1%.
The Greek market, for its part, is experiencing many difficulties be independentwith low trading volume to prove the reduction of interest, but also to waiting position on behalf of the investment community.
Somehow, Athens Avenue survived locked into a narrow price rangewith a base of 1,420 units ‘s support and the 1,502 units (year high) that will comprise the next one OPPOSITION.
In this context, during today’s meeting, Mr General Index notes controlled less than 0.52% and formed by 1,443.67 unitslost 7.5 points from Wednesday’s close (1,451.24 points).
the arc of diurnal variations set at 15 units (from 1,442.53 to 1,457.35 units), with transaction turnover in the range of 32 million euros, of which 8.1 million euros concern the agreed packages.
On the board, now, the National seems vulnerable to liquidations, losing at least 2%. Their shares are also under pressure Mytilene – Piraeuswhile or OPAP continues the positive course, approaching the milestone of 15 euros.
1% loss to banks
The banking index is placed in the center of losses, as it is a result of -1.05% and 1,287 unitsabout 5% away from the year’s high (1,349 units).
His stock National Bank its share decreased to -2.15% and 8 euros Piraeus its share decreased to -1.31% and 3.769 euros Alpha Bank traded at -0.28% and 1.6135 euros, while its share Eurobank unchanged at 2,156 euros.
The image of the dashboard
In the high-cap index (-0.53% and 3,508 points), the share of Mytileneos times of -1.3% and 36 euros, with shares of Viohalco and Coca Cola following a decrease of about -1%. His stock FINDING, for its part, decreased to -2.2% and 5.2 euros. On the contrary, his part OPAP increased by 1.5% and will approach 15 euros. His stock Development of Lamda rose 0.6%, boosted by satisfactory quarterly numbers.
Regarding the mid-cap index (-0.39% and 2,302 points), the stock of Intranets stood negative at -1.4%, as a result of which it “fell” below 5 euros. Well done, Intracom Holdings and Cree – Cree limited to at least 1%. However, its stock Technical Olympian expanded by 1.5%. Aluminum and Intralot earn 1%.
Overall in the stock market, 28 stocks are moving higher, 60 stocks are decreasing, while 18 stocks are unchanged. THE capital in the market ranges of 100.3 billion euros.
In a narrow price range
The worst continues nervousness of the Athens Stock Exchange, while the General Index operates in a narrow price range, with the main axis in the area around. 1,440 – 1,460 units.
And the nation may not face him risk of political instabilityas happened in France or to Germany’sbut it is clear that the recent results of the European elections will have short-term effects – the reshuffle is also pending.
At the same time, the high income of the previous period (+12% GD in 2024) allows investors to continue to imitation movements, which continues to put pressure on some stocks.
On the other hand, the durable ones basics of the listed is the clearing of the land for the preservation of the generous dividend yieldwhich supports high board valuations.
And let’s not forget the pregnant women business deals, which can act as a catalyst through improved liquidity. Above all, of course, its future sales Terna Energywhich reportedly closed at 20 euros/share.
In this context, the former support in the General Index remained at 1,420 units, while the standard resistances set at 1,502 units, matching this year’s high (closing 5/20).
Losses in Europe
Abroad, today, attention is focused on last night’s decision Federal Reservewhich keeps interest at their current high level (5.25% – 5.5%), predicts only decrease in 2024. However, for 2025 he announced up to four reductions, with a total of 100 basis points.
The above is known some time after the data of consumer price (inflation index), which at an annual level is formed by 3.3% in May compared to estimates for 3.4%.
Considering this, its future Wall Street register marginal fluctuations, with the S&P 500 remaining at historically high levels (over 5,400 points). In Europe, on the contrary, Stoxx 600 it lost 0.94% and folded to 517 points, while Frankfurt and Paris fell more than 1%.