2024-06-18 16:51:18
Her third consecutive destructive session accomplished right now (17/6) the Athens Inventory Alternate, with sellers holding the reins, main the Basic Index to new two-month low.
In actual fact, intra-sessionally, the Greek market was beneath it psychological restrict of 1,400 models, one thing that brought about the rapid response of consumers, which prevented (for now) the lack of important ranges.
In any case, nonetheless, political uncertainty in France nonetheless upsetting trigmos in Athenswhich finds it tough to turn out to be unbiased and to distinguish, regardless of constructive information at listed degree.
Inventory market: The important Thursday and the European… splint
Extra particularly, throughout right now’s session, the Basic Index recorded information down 0.20% and shaped on 1,404.11 modelsshedding practically three factors from Friday’s shut (1,406.91 factors).
The arc of diurnal variations was set at 24 models (from 1,395.06 to 1,419.49 models), with the transaction turnover to vary at 93 million eurosof which 3 million euros associated to pre-agreed packages.
On the board, now, Piraeus and Alpha folded over 2% and 1%, respectively, with Titan Cement to say no by nearly 2.5%. From the opposite aspect, Mytileneos and Jumbo strengthened round +1.5%, whereas the Lamda Improvement shot up greater than 3%, due to the cope with the shipowner Prokopi.
Inventory market: With a premium of virtually 10% the deal in Lamda – Enhance to the inventory
Banks down 1%
The banking index got here underneath strain, ending at -1.03% and 1,228 modelsoff 9% from this 12 months’s highs.
Her inventory Piraeus slipped to -2.33% and three,516 euros (5-month low), the share of Alpha Financial institution was restricted to -1.04% and 1.524 euros, its share Eurobank closed at -0.64% and a couple of.034 euros, whereas its share Nationwide Financial institution fell to -0.56% and seven.846 euros.
The image on the dashboard
Within the high-cap index (-0.17% and three,405 factors), the share of Titan Cement shrank to -2.3% and 29 euros, with the shares of Aegean and ELVALHALCOR to lose from 1.5% and 1%, respectively. Quite the opposite, its share Lamda Improvement jumped to +3.3% and 6.7 euros, due to the acquisition of two% by the shipowner Giorgos Prokopiou. Their shares additionally confirmed features of round 1.5% Mytilineos – Jumbo.
Concerning the mid-cap index (-0.01% and a couple of,251 factors), the inventory of Intracom Holdings stood out negatively at -1.6% and three.2 euros, with its share Intralot to fall to -1.2% and 1.10 euros. From then on, the shares of Lavipharm and Profile shrank by greater than 2%. Quite the opposite, Intranets and Perfect expanded by 2.8% and a couple of.3%, respectively, with the previous returning over 5 euros. Austriacard and Aluminum closed at +1%.
General on the inventory market, 48 shares superior, 50 shares declined, whereas 23 shares remained unchanged. THE capitalization of the market ranged at 97.8 billion euros.
It must be famous that right now was the final buying and selling day of Reds, which is absorbed by Ellactor.
Papathanasiou: The sirens for a deal, the plunge in earnings and the lack of 30 million euros for the “patriarch” of chemical compounds
The best turnover
- Piraeus -2.33% 18.5 million euros
- Alpha -1.04% 14.2 million euros
- Mytilineos +1.48% EUR 7.7 million
- Nationwide -0.56% 6.8 million euros
- PPC +0.28% 6.4 million euros
The largest rise
- Akritas +25.33% 1,237 euros
- Interwood +8.30% 792 euros
- Frigoglass +5.77% 9,826 euros
- Vogiatzoglou +5.77% 9,826 euros
- Lamda +3.38% €1.6 million
The sharpest fall
- Kyriakoulis -4.64% 1,233 euros
- Euroconsultants -3.03% 92,843 euros
- Iktinos -2.94% 57,811 euros
- Lavipharm -2,70% 65.024 ευρώ
- Nafpaktos -2.55% 5,460 euros
Within the foreground are the 1,400 models
The upward motion of the Athens Inventory Alternate appears to have entered a “shelter” not too long ago, with the Basic Index testing the energy of 1,400 models –for the primary time since April 19.
The results of current Euro-electionsundoubtedly, performs an vital function on this course, because the Greek market finds it considerably tough to face up and differentiate itself from the nervousness, which characterizes – and probably will proceed to characterize – all of Europe.
On the similar time, we see some traders making the most of the chance to liquidate a part of the sturdy features of current months, persevering with the assimilation and “digestion» of current multi-year highs.
Regardless of the -6.5% from current highs of 1,502 modelsnonetheless, the Basic Index nonetheless presents a extremely passable return of 9% in 2024, with the banks, which subsequent month will “minimize” the primary dividends, displaying nearly double the efficiency (+17% for the reason that starting of the 12 months).
Taking all this under consideration, it’s thought of extraordinarily important that the Basic Index defends helps of 1,400 modelswhich represent the fundamental embankment earlier than the common of the final 200 days (1,339 factors).
Inventory market: The “secret” rally of EN.A. – Shares with returns above 100%
At this level, it’s price noting that on June 20 the market is to be formally knowledgeable if the home MSCI will present mercy to Greece and put the Inventory Alternate on a watch checklist for attainable improve in developed markets in depth of 12-24 months. This is among the fundamental objectives of HEXA, which, if achieved, is bound to alter the scenario drastically – for the higher, in fact.
In a attainable upward motion, due to this fact, the primary level of resistance is discovered at 1,460, any breakdown of which paves the best way for the 1,485 – 1,502 modelsthat are the very best degree of 2024 and of the final 13 years.
This Friday, the restructuring of tips that could FTSE and Russellwhich historically takes off turnover.
Stagnation in Europe, Wall
Overseas, now, after the massive losses of the earlier week, the pan-European STOXX 600 attempting to stabilize at 511 models, they present marginal modifications. Then again, the index will increase to +0.7% CAC 40 in Paris.
On the opposite aspect of the Atlantic, the place the investor sentiment is characterised by euphoria, the American indexes present small losses of as much as 0.2%. Regardless of all that, Mr S&P 500 continues to “fly” at traditionally excessive ranges, remaining above 5,400 models.
On the Inventory Alternate Dashboard: Eurobank’s 16 years and the dividends in HEXA & Ellaktor
(The above is the product of journalistic analysis and doesn’t represent an invite to purchase, promote or maintain any inventory)