Led by PPC, but also the majority of its titles, the Greek stock market seems to overcome the morning uncertainty and move with small but satisfactory gains, in an effort to confirm the recapture of 870 points. Variability is not lacking today, despite the negativity of the international climate, however the selective moves so far are positive.
The general index is moving with gains of 0.65% to 876.76 points, having PPC leading with significant gains. A stock that will monopolize the interest this month, as the capital increase will be in the spotlight for several days. It is reminded here that the decision for a share capital increase is expected to be approved by the extraordinary General Meeting of the company’s shareholders on October 19. The book building process will start by the end of October and the pricing will be announced. The trading of the new shares is expected to start in early November.
In the meantime, what is expected today in the market is the preliminary draft budget, as well as the forecasts for the course of the economy, both in 2021 and 2022. According to the Budget Council, the estimate of the preliminary draft that the real GDP the year 2021 will be 6.1% rated as realistic, although it deviates significantly from the estimates of other international organizations. At the same time, the forecast for 2022 stands at 4.5%, a goal that, according to the report of the Financial Council, is achievable.
In such a context, PPC stands out with the + 2.12% it records, with ELHA, Saranti, Lambda, Terna Energy and Eurobank following with an increase of more than 1%. The contribution of Viohalko, Ethniki, Mytilineos, Alpha Bank, OTE, OPA, Coca Cola and others is also positive.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
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.
