The Greek Deal.com
Under the burden of imported liquidations | TheGreekDeal.com
Athens Stock Exchange
Under the burden of imported liquidations
The negative environment that is currently permeating international markets is in line with the Greek stock market (19/7). At first, losses are controlled, with a stay above 1,450 points being the main target.
Newsroom
TIME TO READ
1 min

The Greek stock market is in sync with the negative climate prevailing in the international markets today (19/7). At first, losses are controlled, with a stay above 1,450 points being the main target.

Specifically, in Friday's session, the General Index retreated by -0.18% and traded at 1,455.11 points, moving between 1,453.92 (low of the day) and 1,456.61 points (high of the day). Bank shares are under strong pressure, one day after the +2% "jump" they recorded.

Trends of stabilization have been perceived in the domestic market in recent days, with traders, according to analysts, looking for direction in the context of geopolitical tensions and expectations of monetary policy easing by central banks. Investor positioning continues to be selective, with the rotation in securities that is strengthening preventing the GD from retreating to the 1,400-mark low.

After jumping 3.17% yesterday, National Bank shows corrective tendencies today at -1%, while among the other banks Alpha and Piraeus are slightly down and Eurobank attempts to diversify with a small gain of 0.2%. Metlen, PPC, ELPE, Hellaktor and Motor Oil are slightly up but with gains of up to 0.6%.

Sellers focus on OTE at -0.8%, with smaller losses of up to 0.6% in OPAP, Jumbo, GEK Terna. On the FTSEM, Intralot is under pressure at -1.4%, while Kri Kri is up 1.3%

READ ALSO