Stagnation prevails today (20/1) on the Athens Stock Exchange, while investors are rushing to “digest” the recent 14-year highs.
The Greek market is gaining more than +3.7% through 2025, with the result that it is now sitting at levels that have been ignored since April 2011. Somehow, the short-term trend remains bullish while the new target is set at 1,550-1,600.
Specifically, in the first session of the new week, the General Index is up a subtle +0.12% to 1,526.55 points, gaining about two points compared to Friday's close (1,524.67 points).
The arc of daily fluctuations extends to three points (from 1,524.83 to 1,527.75 points), with the turnover of transactions ranging at 5 million in the first 15 minutes.
The banking index, which has been hovering above +10% since the beginning of the year, is accumulating strength at 9-year highs, to +0.13% and 1,417 points.
Piraeus shares are up +0.37% at +0.37% and 4.335 euros, National Bank shares follow at +0.12% and 8.34 euros, Eurobank shares are almost unchanged at 2.48 euros, while Alpha shares are up +0.11% and 1.78 euros.