ATHEX: Mild profits and small turnover

The positive climate of the international markets is followed today by the Greek stock market, which has returned to the zone of 950 points, having on its side the vast majority of its securities, although the moves are “careful”. The general index moves with gains of 0.71% to 950.91 points, with the turnover at the limited levels of 4 million euros.

It is more than expected that the market moves cautiously in a particularly vulnerable and highly mined environment. Of course, what most domestic analysts keep in mind are the remarkable resilience shown by the domestic market, even against the “history” of the last decade, during which the ATHEX overreacted to the falls and lingered on the rises of international markets. It is, after all, the constant argument of the skeptics, as the ATHEX lost the large and perennial bull market of the international markets, stuck at lower levels for many years.

At present, the ATHEX reacted in the area of ​​930 units, with buyers mobilizing showing that it is a strong support area. But the most important thing is that the general index has returned once again to the zone of 950 points, remaining for most of February at levels that seemed elusive during the multi-month accumulation of 2021.

In terms of securities now, National Bank and Hellenic Petroleum record gains of 2.1% each, with Piraeus, Alpha Bank, Motor Oil, PPC and Titan following with significant gains as well. Viohalko, ELHA, Eurobank, Mytilineos, Ellactor, GEK Terna and Coca Cola are moving in positive territory.