of Manos Hachladakis
With a meeting of low tons and limited changes, another positive week was completed for the purchase of Athens, during which it was first found after 17 years over 2,600 units and in its course saw moves that consolidate it at this level.
In particular, the General Index was currently moved within a range of 28,5 units and after deleting some initial losses (low day at 2,597,5 μm) completed transactions in 2.615.07 units with +0,25% (high at 2.626 mon.).
The banking index was reinforced by 0,16% THE 3.039.29 units, the FTSE of high capitalization closed on 6.675.4 mon. with +0,28% and the mid-term FTSEM 3.155.1 mon. with +0,21%.
The turnover was heavily reduced, as out of the 320.3m euros yesterday it remained in ECU 238.88 million, of which 30.7 million in 23 packages (5 in Eurobank for 9.9 million, 4 in Alpha for 5.7 million, 3 in Piraeus for 5.7 million) with the volume of transactions in 38.98 million pieces.
As a whole, the DG was strengthened by 1,76% and DTP against 2,51%.
With regard to this meeting today it was unconditional, with limited investment interest focused on specific titles. It was also indicative of the fall in trade activity, although it is interesting as a measure of comparison to note that at this time last year the turnover ranged to EUR 200 million and almost more than EUR 100 million last year.
Branch – key was once again the bank, as it was his own navigation change that he also joined the DG on positive ground after a nervous start by about 12:00.
From there on and despite slightly upward movement today, the meeting did not appear to differ particularly from the past two (lightly negative) as the counter-forces to high capitalization (12 upward titles and 13 fallouts) referred again to reordering positions.
At international level buyers maintain stable reins in Europe, thus expanding the fresh historically high (Stoxx 600, Stoxx 50, CAC 40, FTSE MIB, IBEX) or recording new (DAX, FTSE 100), while disappointing data on US labour market (loss of 21,000 jobs in July) bring Wall Street back to ascending pace as the possibility of increases in Fed interest rates is removed.
Moves on the dashboard
PPC (15.2 million) made an upward reaction of 1.29% to 21.94 euros after diving 4.1% yesterday, while Biohalco (1.3 million) moved to 18.06 with +0.56% after its own -4.7%.
Metlen continued to be at the heart of attention by making trades worth 18.5m euros (5th largest turnover of the day) but with investors locking some of the recent profits, since it reached 48.38 euros with -0.33%.
The first four of the turnover was again occupied by the systemics, but they moved in different directions.
Alpha (37 million) at 4.54 euros with +1.04% and Eurobank (29.1 million) at 4.49 to +1.44%, while Piraeus (27.2 million) was slightly declining at 9.95 with -0.18% and the EIB (21.3 million) declined to 16.18 with -0.95%.
In the rest of the DTP, Cyprus (5.5 million) moved up 1.2%, while Optima (1.4 million) corrected -1.1% and Credia (8.1 million) recorded a 2.7% drop to 0.94 euros.
At the peak of FTSE OTE (3.9 million) was found that interrupted a three-day drop with +2.01% at 19.78 euros.
Lambda (1 million) was strengthened by 1.59%, Allwyn (3.5 million) by 1.5%, and Coca Cola (125 thousand) by 1%.
On the other hand, AKTOR (7.8 million) moved for a third day falling to 10.7 euros with -1.47%, GEK TERNA (6.2 million) closed to 44.54 with -1.72% and Titan (3.7 million) to 51.85 to -1.89%.
In mid caps, Alter Ego continued undamaged with a new leap of 2.48% at 6.60 euros and a particularly high turnover of 2.2 million all on the dashboard, while Qualco (669 thousand) was strengthened by 2.6% and Sarantis (1 million) by 2.04%.
On the other hand, IPTO (1.4 million) corrected 4.55 euros with -1.9% and Ideal (507 km) at 6.17 to -1.59%.
In the lower layers, Thrace Plastics (213 km) jumped 4.4% to 4.95 euros, with Crete Plastics (26 km) and Mig (24 km) to +2.68%, while Spyros (12 km) took a 5% dive.
In the total tableau, 74 titles were completed with a positive sign and 50 with a negative (76 unchanged).
The image internationally
Oil has erased some profits it scored in the morning and is moving stabilisingly, while waiting for announcements on the agreement that Iran and Oman are reported to have ended up in for Hormuz.
Brent at $82.3 with minus 0.3% and American WTI at $77,2 with minus 0.1%.
At the same time, European gas negotiates at 54.3 euros the megawatt hour with -2.5%, after it had been over all 59.
In stock, buyers return dynamically to Wall Street and especially to the – interest-sensitive – technological sector, since the weakness of the labour market removes the possibility of increasing interest rates.
Dow Jones at +0.2%, S&P 500 at +0.4% and Nasdaq at +1%, in the first half hour.
In Europe indicators further expand their historically high (Stoxx 600, Stoxx 50, CAC 40, FTSE MIB, IBEX) or record new (DAX, FTSE 100).
German DAX at +0.7%, French CAC 40 at +0.3%, British FTSE 100 at +0.5%, Italian FTSE MIB at +0.1%, Spanish IBEX 35 at +0.1% and the pan-European high capitalization of Stoxx 50 at +0.4%.
In the bond market, the change in the trend in oil and the weakness of the American labour market lead to returns to deescalation. The ten-year US at 4.63%, the German title at 3.12% and the French at 3.91%, with the Greek at 3.78%.
Finally, metals move at rally rates after one day with a stabilizing character yesterday. Gold at $4,415 an ounce with +2,7% and silver at $64,4 with +4,6%.
