Last update 14:10
of Manos Hachladakis
The positive climate in the Athens market is maintained which shows the willingness to move for a third day upwards, although at a low rate amid the increased variability that characterizes transactions.
In particular, the General Index was found up to 2,311 units (+0,96%) but now negotiates at 2,294 units with small profits of 0.2% and turnover at 145 million euros, while 23 million pieces have been moved.
The banking index was found to be reinforced by up to 1.3% (2,707 Mon.) but has now turned slightly negative at 2,668 units, the FTSE of high capitalization is rising by 0.2% to 5,840 Mon. and the midfield FTSEM at 2.822 mon. with +0,4%
In fact, the meeting seems to be developing into a birch between some blue chips that vary strongly positively, primarily Metlen and GEK terna, Lambda and Aegean and on the other side of the banks, who lost their original momentum and gradually pass into negative territory – probably also from the weight of the profit taking that causes the 5.6% rally on Tuesday.
In other words, the meeting started at an acquired speed from yesterday (FTSEM +1.5%) for mid caps but in the course there was also some balancing, with a clear stock pick character here in the placements.
More generally, however, the positive climate is maintained on markets internationally as investors seem to anticipate a positive outcome in the US-Iran negotiations.
Indicative is that in Wall Street, after collecting all the casualties of the war, S&P 500 and Nasdaq yesterday recorded new historically high (+0.8% and +1.6%), with President Trump repeating that "the war is very close to ending" and White House officials reporting that a new, second, round of negotiations is planned.
In Europe moves are rather more restrained, although the indicators today show a willingness to return to positive ground after the mild retreat yesterday, mainly at the expense of the fall of the luxury industry that was hit by the war.
Moves on the dashboard
Metlen is constantly attempting from the opening to give the DG a boost with orders up to 33.9 euros (+4.1%).
A strong 2.4% rise is also recorded by GEK TERNA that recovers 40 euros and Lambda at 6.3 with Aegean following close to 13.4 to +2%.
In the banks there is an extremely strong mobility in Piraeus that has already made more than 42 million on its own (one/4 of the meeting) but with significant variability – from 8.63 euros (+1.4%) to 8.48 (-0.4%) – while currently around the unchanged.
Alpha is moving steadily upwards with +0.5%, while the EIB and Eurobank slightly decline by 0.3%.
It is noted that systemics have received another vote of confidence, from Euroxx which raised the target prices speaking of opportunity to buy an important story development.
Outside DTP, Credia is moving dynamically on the outskirts of 1.20 to + 1.9%.
Salesmen's options in 25 are mainly focused on PPC and Coca Cola both around -0.9%.
In mid caps now stands out the 4% rally of the PPA with a particularly high turnover of more than 640 mm. euro all on the dashboard after announcing new history high in revenue and profitability in 2025.
Alter Ego is also boosted by 3% and Qualco by 2%.
On the other hand, Intralot has passed to negative ground at 1.03 with -0.7%.
A total of 75 titles are moving upwards, compared to 50 pitchers.
The image internationally
Limited are the fluctuations in oil prices that now move below $100 a barrel. Brent at $95.7 with +0.8% today and American WTI at $91.7 with +0.4%.
Stabilising trends also show European gas moving at EUR 41.7 per megawatt hour with +0.7%.
In the shares, Wall Street index contracts move slightly upwards with technology holding a lead, after the records yesterday (S&P 500, Nasdaq).
Dow Jones' futures at +0.1%, S&P 500 at +0.1% and Nasdaq at +0.2%.
I drank upwards too in Europe. German DAX at +0.5%, French CAC 40 at +0.5%, British FTSE 100 at +0.6%, Italian FTSE MIB at +0.35%, Spanish IBEX 35 at +0.2% and pan-European high capitalization of Stoxx 50 at +0.4%.
Buyers also have a lead in the bond market, with yields therefore retreating. The ten-year US at 4.27%, the German title at 3.01% and the French at 3.65%, with the Greek at 3.75%.
Finally, slightly upward is the trend in metals, gold at $4,848 an ounce with +0.5% and silver at $80.4 with +1%.
