Changes in positions and nervousness on the stock market

The Athens Stock Exchange currently has limitations, which attempt to balance more than 600 units while recording a portfolio adjustment, based on upcoming MSCI changes and 9-month results.

In particular, the general index rose by 0.18% to 604.53 points, the business turnover amounted to 31.4 million euros and the volume to 21.9 million pieces. Gains of 1.08% were also recorded by the FTSE 25, at 1,597.37 points, while the banking index fell by 0.12% to 430.14 points.

The market is now showing a rising business figure, despite the fact that the overall fluctuation of the index remains very limited. As shown in the dashboard, a number of position changes on certain securities were made, which is confirmed by the increased activity in pre-approved transactions, with Eurobank and Alpha Bank at the center of the concerns.

In addition, the past week is the last before changes are made to the MSCI indicators, a move that is expected to result in capital outflows after removing three of the four banks from the standard index system. The rebalancing, which began on November 14, is expected to culminate this week.

However, although the technical market situation shows that, since the overall index remains below 610 points, the risk of moving to 575 points is visible, the market shows some resistance around the psychological limit of 600 units. As long as he will be unable to overcome and recover levels above 650, the negative scenario will remain in place and could be confirmed as Friday's session nears the end of rebalancing.

At the same time, Greek bonds are evolving and stabilizing. The 10-year Greek bond rate reached 4,367%, reaching its lowest level since early November. The yield on the 5-year Greek bond stabilizes at yesterday's levels and at 3.355%, the lowest levels since early November, while the yield on 4-year bonds is also stabilizing relative to the previous year. to yesterday.

On the board now, Coca-Cola, with + 5% registered, appears to be one of its rebalancing winners, followed by Aegean with + 1.31%. Sarantis, IDME, Eurobank, Titan, Terna Energy, Engine Oil, OTE and Mytilene are rising slowly.

On the contrary, Fourlis, Piraeus and Jumbo account for more than 3% of losses, while more than -1% are national losses, EYDAP, OLP, Lambda, Grivalia and HELEX. OPAP, PPC, GEK Terna, Biohalkos and Hellenic Petroleum are down slightly.