Investors are cautious in European markets, with the Athens Stock Exchange opening lower.
Developments in the Persian Gulf remain uncertain following Trump’s latest extension, but there are scenarios involving the deployment of an additional 10,000 troopsto the Middle East. The picture is similar in the markets, with Brent at $109.8 ( WTI at $96.3), the VIX/CBOE at 28.46 (3.72%), the 10-year U.S. Treasury yield at 4.431%, and S&P 500 futures up 0.33%.
Trump vs. the markets: HAMaileonta’s morning observation highlights the importance the U.S. president attaches to his country’s economy, particularly regarding warning signs (one of which is the yield on the U.S. 10-year ).
The last session of the week, the fourth in a row, amid the unfolding events in the broader Middle East, which have weighed on international markets from early March until today. And we see...
The session opened and progressed with losses in Frankfurt and Paris, with the EuroStoxx Banks index down marginally by 0.13% to 238.48 points.
A similar “opening” on the Athens Stock Exchange, with a distinct selling sentiment among investors. From 2,054 points at the first orders, gradually down to 20 points lower, as sellers dominated the index’s shares.
Order flow was somewhat increased, with a pre-arranged order for 382,000 shares at €8.32 (at 10:36 a.m.) totaling €3.18 million.
The General Index showed a clear downward trend, already posting weekly losses of 1.44% and 10.63% for March (March-the-cruel, as the older generation used to say) and a steady short-term trend, even below 2,000 points (in the short term). Volatility is high, and the market is vulnerable due to traders’ volatile stance.
The DTR stood at 2,214 (-0.81%), with 1.12 million shares traded out of a total of 1.93 million shares in the first 15 to 20 minutes.
Metlen (32.36) and Optima Bank (8.39) held the top two spots in the relevant ranking, with National Bank (12.615), Piraeus Bank (6.776), and Alpha Bank (3.085) rounding out the top five.
Metlen’s management confirms the guidance for EBITDA of €750 millionwhile simultaneously postponing the announcement of 2025 figures to April 9, with sellers as seen in the other four stocks.
The overall trend is bearish, with continued selling in 24 of the 25 FTSE25 stocks. The exception is Motor Oil at 37.58 (0.97%), a ratio indicative of the negative sentiment prevailing in the market.
The ratio of stocks with positive to negative performance is 14 to 75.
Trading volume stood at 33 million euros at the end of the first hour.