Athens Stock Exchange: Mild profit extraction

As expected, the Greek stock market is correcting today, with the upward streak of 11 meetings having offered particularly attractive profits to be secured. The general index recorded losses of 0.19% at 1,118.16 points, with the turnover at 8 million euros.

Expected, more or less, today’s picture in the Greek stock market, which should make some corrections to improve liquidity in the market. A liquidity that is necessary as new funds wait until the day after the election to be placed, or if existing ones proceed with restructuring positions to maximize returns.

The correction

On the positive side, today’s correction comes slowly, with turnover significantly slowing down, an element that advocates more for the belief of a break in the upward movement and less for an attempt to reduce risk. As long as the general index remains above 1,080 points, the positive scenario of the bull market is not negated, nor is its aggressive tone.

At the level of securities, the correction is now led by Terna Energy, Titan, Jumbo, EYDAP and Piraeus, while in negative territory are also Aegean, Biohalco, PPA, Hellenic Petroleum, PPC, GEK Terna, Quest, Motor Oil, Eurobank and Mytileneos. On the other hand, there are significant supports from the rise in ELCHA, Coca Cola, National Bank, Alpha Bank and OPAP.