Athens Stock Exchange: Ups and downs within a few points

The Greek stock market may have started trading with bullish moods, but it is now moving in a range of a few points, with its eyes on Frankfurt. The general index recorded losses of 0.08% at 1,095.10 points, with the turnover at 32 million euros.

The market has confirmed several times that it wants to hold 1,080 points, but not take risks above 1,100 points, and it is doing so today. With the vast majority of stocks in negative territory, it is finding some supports to hold the levels and not allow sellers to dominate the overall index.

The scenario

The scenario that looks increasingly likely now, unless electoral correlations change and visibility improves for post-May 21, the general indicator will regress to the 1,100 resistance and 1,080 support. The climate in general, however, is optimistic in the medium term, with the main target being the upper level of 1,250 units.

At the level of securities, the pressures are increased on Eurobank, Titan, PPC and Autohellas, while in negative territory are National Bank, Sarantis, Aegean, Jumbo, Motor Oil, Ellactor, OTE, GEK Terna, Alpha Bank, Quest, ELHA, Terna Energy. and Coca Cola. On the other hand, the supports come from Mytilene, Piraeus, Viochalko, EYDAP and OPAP.