The Greek Deal.com
ATHENS STOCK EXCHANGE
Losses with banks leading the way
The Athens Stock Exchange fell today (18/11) below 1,400 points and the moving average of the last 200 days (1,396 points), with banks emerging as the negative "protagonist".
Sharp decline below the 1,400 point mark
Following the General Index's sharp decline below the 1,400 mark and Morgan Stanley's new back-to-back target price cuts in the sector, banks are continuing their correction from where it stopped on Friday.
Continues in downward territory for the 4th consecutive session
The Athens Stock Exchange continues in downward territory for the 4th consecutive session, with sellers remaining at the helm of the initiatives, putting at risk the 1,400 points.
Sellers came out as winners
Sellers came out as winners in today's session on the Athens Stock Exchange, as investors ignored the recovery signals of the European markets, which returned dynamically to the green.
Profit taking underway
In the constellation of profit taking the Athens Stock Exchange is moving today (14/11), with investors not taking additional risk, assimilating the recent gains.
Up to 3% drop in banks
The Athens Stock Exchange proceeded today (13/11) to assimilate the gains, as the fatigue from the recent rise led to several liquidations.
In a waiting position
The Athens Stock Exchange is on hold today (13/11), while the analysts' attention is focused on the "fresh" financial figures of the blue chips.
Banks led the way again
With banks leading the way (again), the Athens Stock Exchange continued its November bullish move as buyers ignored European pressures and reversed the sellers' morning dominance.
Sellers have taken the upper hand
The Athens Stock Exchange is recording controlled losses today (12/11), with sellers controlling the board, under the weight of the broader overseas retracement.
Showing signs of fatigue
The Athens Stock Exchange is showing signs of fatigue today (12/11), with sellers taking the lead, putting a brake on the positive reaction of November.
Banks running a seven day positive streak
The Athens Stock Exchange ended at the high of the day, with the 7×7 in banks and the prolonged euphoria on Wall Street (new records in Dow, S&P 500) offering valuable support.