Mytilineos, National Bank and Motor Oil are in a prominent position across FTSE20 index, while banks rise by 1.9%.
“Yesterday΄s session is indicative of the uncertainty surrounding the Athens market, as investors witnessed a complete turn-around from gains of 1.77% to intraday losses of 1.81%”, said Pegasus Securities in its morning report.
“In essence, not only was the General Index΄s very strong early momentum completely erased, but, more importantly, the market retreated just above its 14-year lows, only to close 0.5% higher”, Pegasus added.
Marfin Analysis comments that volatility should persist with the risk lying to the downside. “Some interest should be seen on stocks where State’s participation is significant, as well as to companies whose quarterly results were announced yesterday (Mytilineos, Metka) or are going to be announced today (Jumbo)”, it added.
Across the board, the General Index is at 1,335.66 units, up 0.57%. The turnover stands at €30m, while a total amount of 64 shares rise, 50 decline and 34 remain unchanged.
Banks are at 998.25 units, with profits of 1.86%. National Bank and Alpha Bank gain 2.31% and 2.27% respectively. ATEbank, Marfin Popular Bank and Eurobank rise by 1.89%, 1.43% and 1.20% respectively.
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