The Greek Deal.com
ATHENS STOCK EXCHANGE
Started November positively
The Athens Stock Exchange managed to say goodbye to the week with a positive sign, putting out a mini reaction after the heavy losses of October.
Trying to recover the losses
The psychology of investors on the Athens Stock Exchange is slightly improved, which is trying to approach again the moving average of the last 200 days (1,396 points).
4.8% dip in October
The last session of October was completed without managing to break out of the 3-month lows for the Athens Stock Exchange, which recorded losses of almost 4.8% for the month (the worst of 2024).
Mild reaction from the buyers
The Athens Stock Exchange is trying to get a reaction, with buyers gaining an advantage over sellers, taking selected supports.
Under pressure again
The Athens Stock Exchange remains at its lowest levels of the last quarter, as buyers are unable to "lift" the General Index.
Slid to almost three month low
The Athens Stock Exchange slid to a new almost three-month low today (30/10), with sellers again sweeping the board, wiping out (more than) yesterday's gains.
New retreat with banks leading the way
The Athens Stock Exchange has recorded a new retreat today (30/10), with the General Index falling again below the 200-day moving average (1,396 points).
Stop to the five-day downward streak today
"The Athens Stock Exchange put a stop to the five-day downward streak today (29/10), as buyers regained the "reins," allowing the General Index to return above the 200-day moving average (1,396 points) and 1,400 points.
Counterattack of banks with gains up to +3%
The Athens Stock Exchange has a significant reaction today (29/10), with buyers returning to the "reins", putting a temporary end to the five-day dominance of sellers.
Weekly dip -3,6%
The current week on the Athens Stock Exchange could be described as disastrous, with the General Index completing five consecutive negative sessions and falling below 1,400 points (2.5 months low).
Trying to avoid the loss of critical 1,400 points
The Athens Stock Exchange is "playing" in the area of 1,400 points, which is trying to avoid the loss of critical supports, after the four-day downward series.