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.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest 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.
