With 118 titles in positive territory, the message given today by the Greek stock market is only positive, especially if one takes into account the + 3% of the general index with the almost 65 million turnover after less than four hours of trading.
In particular, the general index climbs again to 916.00 points, with gains of 3.12%, having in fact all its sub-sectors on positive ground.
Will the February usher in the “green?
Of course, February may have left a very positive picture for the course of the ATHEX, but the closing should be above 934 points for its final sign to be “green”. And the distance is almost 20 points from the current ones, while the month closes at Monday’s meeting.
Of course, the first wager of the recovery of 910 points has been achieved, but the big bet is the return to 945 points, if and when the situation in Eastern Europe normalizes. According to analysts, the next 24 hours are crucial at the geopolitical level, because it will be seen if the move of the Russian President is extended or a diplomatic solution is reached.
In terms of securities now, Aegean with + 7% stands out, as well as Lambda, Hellenic Petroleum, National Bank, Biochalco, Eurobank, ELHA and Piraeus to follow with an increase of more than 4%. PPC, Alpha Bank, Motor Oil, Mytilineos, IPTO, Terna Energy and Coca Cola are also moving with significant profits.
Latest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.