ATHEX – Continues slightly upward

The Greek stock market is moving positively, but also in a limited manner, which, although it finds the strength to approach 900 points, the risk analysis moods are still low to cross this psychological limit.

In particular, the general index moves with gains of 0.54% to 898.19 points, having “visited” earlier the threshold of 900.66 points.

The market has again reached the psychological limit of 900 points after 14 sessions, but does not show willingness to maintain it and look toward the critical level of 910 points. After all, as analysts point out today, the market will wait to see how the epidemiological picture of the country is formed after the festive period and if it leads to new restrictive measures of economic activity.

The Omicron factor

According to experts, the cases double every other day. In fact, Omicron can re-infect the same person four or five times, while transmitting one – two days before the symptoms and one – two days after the symptoms. Experts do not rule out that “there is a pressure on the National Health System and we may see deaths, as the number of cases increases”.

The image on the board

In terms of securities now, the + 2.39% of Aegean is maintained, with Ellactor, IPTO, Eurobank, ELHA, OPAP, Lambda, PPA and OTE framing upward trending securities with their also significant profits.

Jumbo, Titan, Hellenic Petroleum, Mytilineos, Piraeus, GEK Terna, Alpha Bank, Motor Oil, Viohalko and PPC are also trending positively. On the contrary, National Bank and Coca Cola are having a negative effect with their mild losses.