Athens Stock Exchange: Sellers continue to take pot shots

Sellers on the Greek stock market, which since March 1st have been in a downward cycle with multiple readings and even more unanswered questions, are continuing their orders. The general index recorded losses of 1.80% at 1,062.62 points, with the turnover at 10 million euros.

The dive after Tempi

The tragedy at Tempi happened on the night of February 28, with the market trying to diagnose the ramifications of this accident the next day. And on March 2, a strong downward trend began, with quite a high turnover in fact, falling from 1,133 units to 1,060 units today. That is, a plunge that exceeds 6% and has begun to particularly concern the domestic investment community about its duration, but also the ability of the market to react.

The only thing that is certain is that in the short term the picture of the market is not good. In fact, the highest turnover of the market and the significant diffusion in all shares demonstrates the seriousness of the situation. The level of 1,060 points of the general index (2,570 points of the 25th) is the first interest as support.

On the board

In terms of securities, the losses are strong in Autohellas, GEK Terna, National Bank, Piraeus Bank, Eurobank, Aegean, Alpha Bank, Ellactor, Hellenic Petroleum, PPC, Titan, Terna Energy, Biohalco, Mytileneos, Motor Oil, Jumbo, OPAP and Quest. Coca Cola, PPA, OTE and ELHA are also down, while Lambda is up 0.08%.