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ASE Moves Between Profits And Losses
The General Index of the Athens Exchange moves between profits and losses below 1,400 units on Thursday, after two consecutive upward sessions, while banks are in a declining mood.
Market analysts focus their interest in both the banking sector because of yesterday’s volatility and the course of the trading volume, which appears thinner than the recent sessions.
“Yesterday΄s close increases the probability of the Athens market opening towards lower grounds, as pressures asserted on NBG, Alpha Bank and Eurobank during the end of the session will most likely continue today”, said Pegasus Securities in its morning report.
“With momentum of markets abroad being burdened by the correction on commodities, the Athens market will need strong ask-side interest and increased volume in order to react towards yesterday΄s close”, Pegasus added.
Kyprou Securities expects consolidation around current index levels for the next weeks. “The activation of the Greek government towards cutting deficit should benefit the ASE”, said Kyprou.
Across the board, the General Index is at 1,382.68 units, with minor losses of 0.48%. The turnover remains thin, at just €21m, while a total amount of 36 shares rise, 60 decline and 46 remain unchanged.
Greek banks move downwards, at 1,012.05, down 0.88%. ATEbank soars, with profits of 11.32%, while Eurobank and Alpha Bank post minor gains. On the other hand, Bank of Cyprus and National Bank decline by 1.69% and 1.40% respectively.
(capital.gr)
The General Index of the Athens Exchange moves between profits and losses below 1,400 units on Thursday, after two consecutive upward sessions, while banks are in a declining mood.
Market analysts focus their interest in both the banking sector because of yesterday’s volatility and the course of the trading volume, which appears thinner than the recent sessions.
“Yesterday΄s close increases the probability of the Athens market opening towards lower grounds, as pressures asserted on NBG, Alpha Bank and Eurobank during the end of the session will most likely continue today”, said Pegasus Securities in its morning report.
“With momentum of markets abroad being burdened by the correction on commodities, the Athens market will need strong ask-side interest and increased volume in order to react towards yesterday΄s close”, Pegasus added.
Kyprou Securities expects consolidation around current index levels for the next weeks. “The activation of the Greek government towards cutting deficit should benefit the ASE”, said Kyprou.
Across the board, the General Index is at 1,382.68 units, with minor losses of 0.48%. The turnover remains thin, at just €21m, while a total amount of 36 shares rise, 60 decline and 46 remain unchanged.
Greek banks move downwards, at 1,012.05, down 0.88%. ATEbank soars, with profits of 11.32%, while Eurobank and Alpha Bank post minor gains. On the other hand, Bank of Cyprus and National Bank decline by 1.69% and 1.40% respectively.
(capital.gr)