The Greek stock market is moving steadily today, which is trying to remain in positive territory against the pressures on several of its index-weighted securities.
The banking sector seems to provide significant support, with the help of both Mytilineos and Ellactor, so that the general index does not test all 870 points.
So far, the General Index remains in the zone of 875 units, with the capital increase of PPC still monopolizing the investment interest and as it will continue to do for a long time. On the other hand, the sharp decline in valuations last week has created attractive placements in many stocks. As soon as the market climate is restored, the movements on the dashboard will become more intense.
Also, the success of the increase and possibly the over-coverage of the increase of PPC will increase the position of foreigners in the Greek market. PPC is an important company for the Greek industry, the picture of decline in 2018 can in no way be compared with the dynamics of the perspective of the updated 5-year business plan.
At the level of securities now, Ellactor with the + 3.05% that it records, in “collaboration” with Mytilineos, Alpha Bank, Piraeus and Lambda, offer market support. However, weak support against the pressures of Viohalco (-2.25%), and Jumbo, Titan, GEK Terna, OPAP and Coca Cola.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
