tommy271
Forumer storico
Athens Market Moves In A Corrective Mood
Greek Stocks move in a corrective mood on thin turnover despite the upward trend of European markets, as the General Index fluctuates on Friday into the region of 1,535-1,560 units after two consecutive upward sessions.
Banks fluctuate heavily, with the index moving into a margin of about 28 units or 2.23%, while the FTSE20 posts mixed signs, with Viohalco, Public Power Corp and Hellenic Telecoms standing out.
Pegasus Securities anticipates the market to most probably trade in a quite narrow spread today, while the focus remains on closing above the simple 200-days moving average (1,550 units).
Technically, it expects ascending dynamic to bring the market slightly higher during the start of the session, possibly approaching the 1,565 units (1st resistance level), with profit-taking bringing the Index towards the 1,550 (yesterday΄s close and today΄s pivot point) - 1,535 (1st support level) later during the day.
Across the board, the General Index is at 1537.22 units, down 0.92% on a turnover of €30m. A total amount of 51 share rise, 79 decline and 48 remain unchanged.
Banks are at 1,271.96 units, down 0.75%. Geniki Bank and ATEbank lose 3.52% and 3.23% respectively, while Proton Bank, Marfin Popular and Attica Bank declined by 2.90%, 2.20% and 1.98% respectively. Hellenic Postbank declines by 1.45%, while Alpha Bank Eurobank, Bank of Cyprus and National Bank post losses of less than 1%.
(capital.gr)
Greek Stocks move in a corrective mood on thin turnover despite the upward trend of European markets, as the General Index fluctuates on Friday into the region of 1,535-1,560 units after two consecutive upward sessions.
Banks fluctuate heavily, with the index moving into a margin of about 28 units or 2.23%, while the FTSE20 posts mixed signs, with Viohalco, Public Power Corp and Hellenic Telecoms standing out.
Pegasus Securities anticipates the market to most probably trade in a quite narrow spread today, while the focus remains on closing above the simple 200-days moving average (1,550 units).
Technically, it expects ascending dynamic to bring the market slightly higher during the start of the session, possibly approaching the 1,565 units (1st resistance level), with profit-taking bringing the Index towards the 1,550 (yesterday΄s close and today΄s pivot point) - 1,535 (1st support level) later during the day.
Across the board, the General Index is at 1537.22 units, down 0.92% on a turnover of €30m. A total amount of 51 share rise, 79 decline and 48 remain unchanged.
Banks are at 1,271.96 units, down 0.75%. Geniki Bank and ATEbank lose 3.52% and 3.23% respectively, while Proton Bank, Marfin Popular and Attica Bank declined by 2.90%, 2.20% and 1.98% respectively. Hellenic Postbank declines by 1.45%, while Alpha Bank Eurobank, Bank of Cyprus and National Bank post losses of less than 1%.
(capital.gr)
.
,
