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Titan and Motor Oil lead the stock market higher | TheGreekDeal.com
Athens Stock Exchange
Titan and Motor Oil lead the stock market higher
The Athens Stock Exchange is still doing well today, thanks to the invaluable assistance of Titanas and Motor Oil, even though the market still lacks focus and risk assessment.
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The Athens stock exchange remains in positive territory today, with Titanas and Motor Oil providing valuable support to a market that still suffers from determination and risk analysis.

In particular, the General Index is up 0.46% at 1,458.90 points, with turnover at 56.3 million euros and volume at 12.3 million pieces. The FTSE 25 is also up 0.57% at 3,555.29 points, while the banking index is up 0.64% at 1,282.02 points.

Despite the cautious market movement, NBG share trades in large blocks have increased trading activity. In particular, NBG has increased turnover by 24 million euros, or about 40% of the market turnover, having even moved four packages at 7.87 and 7.89 euros.

However, help is coming from Titan and Motor Oil shares, with the market having more visibility towards the 1,464 resistance. Only a decisive break of this resistance will make it easier to "climb" towards 1,500 points, while near-term supports are located in the 1,440 points zone, with the main one being at 1,430 points.

At the FTSE 100 level, the index has broken through the resistance of 3,531 points, paving the way to 3,582 points, with 3,441 points becoming a nearby major support with the main one at 3,471 points. Banking is testing the break of the 1,275 resistance, with 1,242 being major support.

On the board now, Motor Oil is up 2.48%, Titan is up +2.10%, and Alpha Bank is up 1.46%. Piraeus, Ellaktor, EYDAP, OTE, Jumbo, Lambda, PPC, Aegean, Eurobank, Ethniki, ELHA, Sarantis, Autohellas, Biohalco, GEK Terna, and Mytilineos are mildly up.

On the flip side, below -0.40%, Terna Energy, Hellenic Petroleum, Coca Cola, Cenergy and AIA are holding their pressures, while OPAP is trying to find some momentum.

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