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Greek Stocks Post Mixed Signs
Greek Stocks move in a corrective mood on Monday, as the General Index fluctuates between gains and losses, following profits of 7.5% for the previous week.
The outcome of European Summit in Brussels is on the spotlight, while meetings between the Greek ministers and EU/IMF/ECB representatives are topping today’s agenda, along with the scheduled auction of Greek treasury bonds on Tuesday.
Marfin Analysis expects the market to accumulate at current price levels with the attention turned on troika’s meeting with country’s major ministers, while “some interest could be seen on specific major caps”.
Pegasus Securities expects a mixed session, “with volatility continuing to be the market΄s main feature and the General Index gradually increasing its correlation with the course of markets abroad”.
Friday΄s correction is not expected to acquire a more permanent nature, “considering every significant downward intraday move as a possible opportunity to increase our position”, according to Pegasus’s morning report.
Kyprou Securities expects a mild price retreat following the January’s price increase. “It is too early to tell whether Friday’s price drop is a mild price retreat or a drop closer to January 10’s lows. We are optimistic”, it adds.
Across the board, the General Index is at 1660.55 units, down 0.17% in a turnover of EUR51.5mn. A total amount of 57 shares post gains, 63 decline and 49 remain unchanged.
Banks move also in negative territory, limiting their early losses of 2.86% (currently down 0.47% at 1469.35). Only Proton Bank and Alpha Bank rise (1.96% and 0.65% respectively), while Piraeus Bank, Bank of Cyprus and Marfin Popular Bank decline by 1.86%, 0.9% and 1.8% respectively.
(capital.gr)
***
Spread sempre in lievissimo tendenziale allargamento: ora a 782 pb. Possiamo definirlo però entro un range positivo.
Greek Stocks move in a corrective mood on Monday, as the General Index fluctuates between gains and losses, following profits of 7.5% for the previous week.
The outcome of European Summit in Brussels is on the spotlight, while meetings between the Greek ministers and EU/IMF/ECB representatives are topping today’s agenda, along with the scheduled auction of Greek treasury bonds on Tuesday.
Marfin Analysis expects the market to accumulate at current price levels with the attention turned on troika’s meeting with country’s major ministers, while “some interest could be seen on specific major caps”.
Pegasus Securities expects a mixed session, “with volatility continuing to be the market΄s main feature and the General Index gradually increasing its correlation with the course of markets abroad”.
Friday΄s correction is not expected to acquire a more permanent nature, “considering every significant downward intraday move as a possible opportunity to increase our position”, according to Pegasus’s morning report.
Kyprou Securities expects a mild price retreat following the January’s price increase. “It is too early to tell whether Friday’s price drop is a mild price retreat or a drop closer to January 10’s lows. We are optimistic”, it adds.
Across the board, the General Index is at 1660.55 units, down 0.17% in a turnover of EUR51.5mn. A total amount of 57 shares post gains, 63 decline and 49 remain unchanged.
Banks move also in negative territory, limiting their early losses of 2.86% (currently down 0.47% at 1469.35). Only Proton Bank and Alpha Bank rise (1.96% and 0.65% respectively), while Piraeus Bank, Bank of Cyprus and Marfin Popular Bank decline by 1.86%, 0.9% and 1.8% respectively.
(capital.gr)
***
Spread sempre in lievissimo tendenziale allargamento: ora a 782 pb. Possiamo definirlo però entro un range positivo.
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