He came back nervousness on Stock Exchange of Athens with investors indulging in spasmodic movements, failing to follow up on the strong reaction yesterday.
In this way, the Greek market remains locked Political uncertainty in Europewhile the investment visibility kept at a low level, not allowing big risks.
At the same time, attention is drawn MSCIwhich tomorrow will announce the inclusion or not of the Stock Exchange of watch list (watch list) for the upgrade in developed markets.
More specifically, during today’s meeting, Mr General Index almost unchanged from + 0.01% and 1,422.45 unitsgained just 0.1 point from Tuesday’s close (1,422.32 points).
the arc of diurnal variations up to four units (from 1,420.37 to 1,424.93 units), with transaction turnover which will change only 3.5 million euros during the first 15 minutes.
On the board, now, the banks show small changes, not more than 1%. From there, the Aegean rose to 11.5 euros, while ELVALHALCOR decreased by 0.9%. Special mention should be made of AS Companywhich jumped to +2.6%.
Small losses in banks
The bank index struggled to follow up on yesterday’s reaction, as it was the result of -0.38% and 1,246 unitsabout 8% of the highest this year.
His stock Alpha Bank limited to -1.03% and 1.532 euros, its share National folded to -0.64% and 8.048 euros, its share Eurobank traded at -0.68% and 2.04 euros, while its share Piraeus unchanged at 3,562 euros.
Nervous until early July
The Athens Stock Exchange took a “breather” yesterday, with buyers returning and driving the General Index above 1,420 units, to a first safety cushion from support of 1,400 units.
The Greek market, in this way, put a “brake” on the downward streak in recent weeks, bringing the main index to a up to 6.5% relative to the recent high of 1,502 units.
Whether this upward reaction will continue remains to be seen down the road. It is certain, however, that the “trouble” of political uncertaintywhich markets have traditionally rejected, will continue to haunt Europe.
France’s early parliamentary elections are scheduled for June 30 (first round) and July 7 (second round). Therefore, the current is excluded nervousness which will continue until the beginning of next month, when we know the results of the ballot.
In any case, the visibility of the investment is characterized by a low level in Geria Epirus and it justifiably affects Athens as well, despite the fact that the medium-long term framework the inside doesn’t seem to have changed much.
1,400 units remain as the main psychological support of the market, regardless of its collapse, according to technical analysis of HellasFinwill try to resist 1,380 – 1,360 units, while the average index of the last 200 days will follow 1,339 units.
At the same time, his decision will be announced tomorrow MSCI for inclusion or not in the Athens Stock Exchange of watch list (watch list), with the aim of upgrading to a developed market within 12-24 months.
As far as corporate developments, next week will follow dividend cut in a listed series, something that undoubtedly affects the psychology and also the decisions of traders.
Now, without dividend rights, their shares are sold Novel and Trade Estates.
Small defeat in Europe, Wall closed
Abroad, now, the pan-European Stoxx 600 lost the positive momentum of yesterday, as a result it fell to -0.17% and 514 points. In Paris, at the same time, the index CAC 40 limited to 0.3%.
On the other side of the Atlantic, after its new high season S&P 500just short of the 5,500 unit milestone, the focus is on Nvidia, whose market capitalization surpassed that of Microsoft. But today, the market is closed because of the holiday