
With small movements, the Stock Exchange maintains the upward momentum, moving around the 1030 area and literally trying to keep profits, but also “digest” these four-digit levels that the General Index has seen. at least eight years.
On the positive side, the market is holding up despite emerging intra-session pressures, even maintaining high turnover.
However, domestic analysts recommend being cautious in the short term, after a bull run, in case of any strengthening of positions, be selective, since a correction is not ruled out, as well as strong volatility as we approach the elections.
In the statistics of yesterday’s session, the General Index closed with an increase of 0.37% to 1033.44 points, and the turnover amounted to 118.14 million euros.
Over the past five sessions, the General Index has gained 1.77%.
The Large Cap Index closed up 0.4% to 2514.26, up 0.86% and the Mid Cap Index closed at 1573.07, while the Banking Index fell 0.88% to 793.88. item.
Out of all the blue chips, Ellactor’s rally stood out at 6.34%, followed by OPAP at +4.03% and Aegean at +3.82%, while Biohalco, Motor Oil, Jumbo closed up over 1% , Autohellas, TERNA Energy and Sarantis. The National Bank and SEC TERNA closed with losses of more than 2%.
Over the week, the general index strengthened by 1.77%, and the banking index by 5.79%.
Thus, the general index recorded seven weeks of growth in a row. According to Manos Hatsidakis of Beta Securities, the rise above the 1,000-unit milestone is likely to remain as, in addition to data showing improved profitability of listed companies, pre-deals show that there are also queues of transactions that, in addition to the disclosure of share prices, also free up funds for reinvestment.
Source: Kathimerini

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