The Athens Stock Exchange is attempting to return to positive territory as buyers regain control, amidst ongoing market volatility and anticipation of upcoming MSCI and financial result announcements.
The Athens Stock Exchange is striving to reclaim positive ground, with buyers reasserting their influence as the market aims for a re-approach of the 2,400 point threshold. Despite a favorable external climate contributing to an improved market environment, volatility remains a significant concern, keeping short-term stability low.
As of the beginning of the new week, the General Index has recorded a modest increase of +0.66%, reaching 2,377.94 points, gaining 15 points from Friday's close at 2,362.36 points. Daily fluctuations of the index have ranged within 22 points (from a low of 2,368.95 to a high of 2,380.89 points), with trading volumes amounting to around 20.6 million euros.
Attention is now turning towards the upcoming MSCI announcements regarding the composition of Standard Greece, alongside the initiation of financial result releases. Notably, shares of Piraeus Bank and National Bank are experiencing boosts, indicating investor confidence despite the prevailing market uncertainties.
