The Athens Stock Exchange moved steadily, turnover remained low, while the climate in European markets remained cautious, and investors turned their attention to the upcoming meeting of the European Central Bank and its “response” to interest rates. about two months after the start of the banking turmoil. However, according to domestic analysts, the general index accumulation scenario is expected to continue largely until the next government is formed.

In the statistics of the session, the General Index closed with a slight drop of 0.04% to 1096.01 points, and the turnover amounted to 58.2 million euros. The Large Cap Index also fell 0.04% to 2653.44, up 1.34% to 1629.37, the Mid Cap Index closed and the Banking Index shed 0.41% to 814.13.

Investor interest is now turned to the next ECB monetary policy meeting.

Among the blue chips, EYDAP posted the biggest losses at -5.88%, followed by TERNA Energy, Alpha Bank and Eurobank with over 1% losses. At the same time, Viohalco shares rose 7.94%, while ELVALHalcor closed up 3.91%, OPAP +2.1% and National Bank +1.3%. The ongoing overseas quarterly results announcement traditionally increases short-term volatility in equities and spills over to Athens Avenue, with the risk appetite of foreign institutional portfolios affected by the returns generated in developed country portfolios, while the lack of “depth” in the X.A board. has traditionally been a challenge,” comments Petros Steriotis, CEO of CIF. Deviations of published results from estimates provide the best alibi for closing or reversing investment positions.

“Given the superiority of the overall index this year and the adage ‘sell in May and get out’, we are raising our exit levels for long positions, which show accounting profits, to protect them,” he said. adds.