The Greek Deal.com
ATHENS STOCK EXCHANGE
Ended its five-day downward streak
With a relatively dynamic reaction, the Athens Stock Exchange ended its five-day downward streak in a session that was accompanied by the return of non-banking blue chips to a leading role.
Trying to retrieve the losses
Athens is trying to collect part of yesterday's losses and to interrupt the five-day downward streak, with the climate showing improvement internationally.
Trying to react against the strong losses yesterday
Athens Stock Exchange is trying to react against the strong losses yesterday and the negative streak in general, with the climate in Europe being generally improved.
Dragged down by the negative international climate
The Athens stock exchange recorded heavy losses today as it was dragged down by the negative international climate triggered by geopolitical concerns over the launch of long-range missiles by Ukraine towards the territories of Russia.
Continues downward movement for a fifth day
The negative turn internationally is being followed by the Athens market, which continues down for a fifth day and sees technical supports being tested, paving the way for a move much lower.
Exploring the potential to break the downward spiral
The Athens market is exploring the potential to break the downward spiral of the last four days, with banks quickly losing the bullish mood they initially showed.
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.