The Athens Stock Exchange closed higher, but below the day’s high of 900 units, due to pressure on high-index securities, while support from the banking and energy sectors was important.

In particular, the general index recorded an increase of 0.42% and closed at 896.12 points, while the turnover amounted to 58.95 million euros. The Large Cap Index edged up 0.49% to 2,164.79 points, up 1.22% to 1,398.37 points, the Mid Cap Index closed while the Banking Index rose to close at 589.27 points. and +1.12%.

Of all the blue chips, ELPE and Mytilineos stood out with gains of over 2%, while losses of 2.06% were recorded by Coca-Cola and 1.75% by Sarantis.

Nevertheless, the General Index managed to collect all the losses of the year and come out positive. It is also the only market to achieve something like this in 2022 as the rest continue to record losses of 13-21%,” comments Ilias Zacharakis of Fast Finance. For its part, Merit Securities notes that the medium-term trend of the AX index is bullish, with support at 882 and 840 and resistance at 900 and 918.

The pan-European Stoxx 600 closed higher yesterday thanks to the help of shares of oil and high-tech groups, although this growth was hampered by investors’ fears about the recessionary development of the economy – in general, the picture on European stock markets was ambiguous. . The attention of international investors is riveted on today’s speech by Jerome Powell, chairman of the Fed, in Jackson Hole on the further increase in interest rates. The Stoxx 600 closed down 0.30% yesterday, the FTSE 100 in London down 0.11%, the DAX in Frankfurt down 0.39%, the FTSE MIB in Milan down 0.10% and down 0.08% and 0.15% CAC 40 in Paris and IBEX in Madrid respectively. . The Energy Groups Industry Index jumped 1.2% to its highest level in 12 weeks, driven by oil prices. Oil prices rose amid heightened concerns about energy supplies to Europe as a whole. Finally, the euro weakened 0.1% against the dollar to $0.9955.

Sources: REUTERS, BLOOMBERG.