LAST INFORMATION 14:05
of Manos Hachladakis
The Athens market follows a controlled decline following the four-day rise, with investors taking defensive positions as it comes in the weekend without any substantial developments on the Middle East front.
In particular, the General Index was initially found to retreat up to 2,276.8 points (1.25%) but is now slightly falling 0.35% to 2.298 units, with the turnover at 130m euros, while 18 million pieces have been moved.
The banking index is increased by 0.57% at 2,656 units, the FTSE of high capitalization records a 0.35% drop in 5,838 units, while the FTSEM of the middle shows marginal changes at 2,948 units (+0.05%).
May started with the best conditions for Athens Avenue which has so far held 4/4 positive meetings with a cumulative growth of 4.77% for the DG (and +5.05% for the DTP), the Last night with small profits 0.27% However, at a time when European markets fell significantly, with a drop exceeding 1% on occasion (France, Paris, London).
With the negative climate still being maintained in Europe today, and as diplomatic contacts between the US and Iran have not evolved over the weekend, it has been difficult for the market to continue on its positive streak, but a number of positive differences from "heavy" papers provide significant support to the DG and maintain losses above limited.
The two relate to the systemic ones which announced their size in the last hour, Eurobank after closing yesterday with adjusted net profits at EUR 351 million and the EIB today before opening today with profits after tax 344 million.
In this context, the DTP differs overall from the decline of the European industry (Stoxx Banks - 0.75%).
From there on, the Middle East front continues waiting for Tehran's response to the American proposal that, according to Axios, the White House believes will mark the end of the war. However, yesterday they seemed to light up again yesterday when they received fire 3 American destroyers that sailed the Straits of Hormuz, with US forces responding with their own blows.
President Trump hastened to state that the incident does not constitute a violation of the truce, even describing it.... "love taps"), however, was sufficient to halt the fallout of oil prices with Brent returning to $100 a barrel.
Moves on the dashboard
Even bigger support to the DG from the two banks is given by PPC, which now holds a 3.7% mini rally at 19.55 euros with a turnover of more than 30m euros, as the Company puts in the "box" of its next moves and the purchase of mobile telephony.
In the DTP, the EIB is strengthened by 1.8% and Eurobank by 1.4% after the strong figures announced, while Alpha is retreating by 0.8% and Piraeus by 0.85%.
Optima also has a slightly upward trend of +0.7%, while Cyprus moves correctively with -1% after 7 positive meetings. Credia remains unchanged at EUR 1.30 but with a turnover of EUR 1.9 million.
From there on, the Biohalco Group continues to star with ELHA at +2,6%, while Cenergy found to retreat to 24.6 euros (1.75%) is now at yesterday's levels of 25.1.
The group's motherboard moves slightly lower to EUR 17.84, coming from a cumulative +21.8% in the last 4 meetings.
The salespeople's options continue to be Coca Cola with -2.3% at 49.55 euros and Allwyn at 12.55 at -2.2%.
Metlen also retreats by 2.1% coming from an upward five-day and Motor Oil moves to -2.8%.
OTE is also under pressure with -1.2%, after announcing this morning 4.9% increase in revenue and 2.8% in adjusted EBITDA the first quarter.
In mid caps Intralot makes a 1% drop with a turnover of more than 1.6m euros and Kri Kri moves slightly corrective, while Avax attempts to continue for 6th day higher.
In total, 49 shares move with an increase of 73 with a fall.
The image internationally
Oil prices show steady trends now after the skirmish yesterday in Hormuz.
Brent at $100.2 a barrel and American WTI at $94.8 with imperceptible changes. .
Europe's natural gas is gently moving up to 44.3 euros or megawatt hours with + 1.8%.
In the shares, Wall Street lost its pace in the course of yesterday's meeting when the trend in oil prices was reversed and completed with its three indicators on negative ground, but buyers seem to be returning today to the index contracts.
Tα futures του Dow Jones +0,25%, του S&P 500 στο +0,4% και του Nasdaq στο +0,6%.
Στην Ευρώπη αντίθετα οι πωλητές διατηρούν το προβάδισμα που είχαν από χθες. Ο γερμανικός DAX στο -0,8%, ο γαλλικός CAC 40 στο -0,7%,ο βρετανικός FTSE 100 στο -0,2%, ο ιταλικός FTSE MIB πέραν του αμετάβλητου, ο ισπανικός IBEX 35 στο -0,3% και η πανευρωπαϊκή υψηλή κεφαλαιοποίηση του Stoxx 50 στο -0,8%.
Στην αγορά ομολόγων οι αποδόσεις των αμερικανών τίτλων κινούνται ελαφρώς πτωτικά, αλλά για τους ευρωπαίους εκδότες έχουν ήπια αυξητική τάση. Του δεκαετούς ΗΠΑ στο 4,37%, του γερμανικού τίτλου στο 3,01% και του γαλλικού στο 3,62%, με τον ελληνικό στο 3,68%.
Τέλος, τα μέταλλα εμφανίζουν ήπια ανοδικές διαθέσεις, ο χρυσός στα 4.733 δολάρια η ουγγιά με +0,5% και το ασήμι στα 81,2 δολ. με +1,2%.
