Athens Stock Exchange is moving in positive territory for the third day, which has the opportunity to gain the sign of the week and recover the psychological level of 1,400 units.
In particular, the General Index is at 1,401 points with a gain of 0.25% and turnover at 7.8 million euros, while 1.6 million pieces have been traded.
The bank index is trading at 1,195 points, up -0.4%; the FTSE high-cap index is up 0.3% at 3,403 points; and the FTSEM mid-cap index is up 0.1% at 2,226 points.
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After a two-day losing streak, quite intense on Tuesday (-1.8%) and a five-session down streak overall, Athens Avenue has been putting out a bullish reaction for the last two days, having now also found itself in a position to gain the week's advance (-0.44% so far) with another bullish move today.
A characteristic of the last two days is that banks, which have absolutely dominated so far in November, are now following more subtly, with a number of blue chips taking a leading role (notably Titan). In addition, nine-month earnings announcements yesterday gave a new impetus to stocks whose fundamentals are underestimated on the board (strong 9.4% rally yesterday for Elvalhalcor, +1.8% for OPAP).
Trading continues from where it ended yesterday, with Titan and OPAP stocks up more than 1.5% and ELHA up +2%.
On the contrary, "tepid" again is the movement in banks, with Piraeus moving up at 3.65 euros (+0.6%), Alpha around unchanged at 1.56 euros, and downward Ethnik and Eurobank at 6.97 euros (-0.9%) and 2.02 euros (-0.8%), respectively.
Still up more than 1% on the FTSE is Coca-Cola, while Metlen, PPC, AIA, and Motor Oil are mildly up.
Beyond the 2 banks, slightly down on the index is Lambda at -0.3% with Sarantis at -0.9%.
In the midcaps, Intracom (+1.9%) and Ideal (+1.2%) are moving at a recovered speed from yesterday, while Kri Kri shows corrective tendencies at -2%.
Beyond that, Attiki Bank is gaining more than 3% with trades that have exceeded $100,000 since a daily variance limit of +/- 10% was set.
The clear sellers' lead is also reflected in the broader correlations on the board, with 52 stocks moving up and 33 down.
