Mixed trends on European and Greek stock markets. With attention focused on Iran and the economy, investors in Frankfurt and Paris are acting cautiously, while in New York, S&P 500 futures point to an upward “opening” from 7,481 points.
Brent crude is at $105.06, the U.S. 30-year yield is at 5.08%, and the VIX/CBOE is at 16.73 points, reflecting investors’ wait-and-see stance.
The DAX 30 is at 24,728 (0.22%), the CAC 40 at 8,113 (0.27%), and on Euronext Athens during the first hour, investors are acting cautiously, partially locking in positions and reallocating liquidity to specific stocks.
Turnover stood at €34.8 million (11:30 a.m.) with 4.12 million shares traded—2.98 million in bank-to-bank trades and just 2.10 million via pre-arranged orders.
The General Index (GD) traded within a narrow range of 2,360–2,378, with similar volatility for the DTR and FTSE 25.
Trading composition, turnover, and index volatility point to a return to normalcy for the market, following the period of the PPC share capital increase. Understandably, this was the main focus of this market phase and a benchmark for the future, given the spectacular developments centered on the process, which, by general consensus, exceeded even the most optimistic expectations.
Orders for the company’s stock are trading at €20.82–21.30—at a slower pace and within a narrower range—with profit-taking, primarily by shorter-term investors, being a logical development. Taking into account that the new shares will be listed for trading starting early this week.
Orders for the DTR are in the 2,547–2,587 range, with mixed trends from sellers in Piraeus Bank (8,466) and Eurobank (3,655) and buyers in National Bank (14,075) and Alpha Bank (3,57).
The FTSE25 is at 5,741 (-0.12%), as investors are divided on blue chips as well.
At 40.16 (0.34%) GEK TERNA shares are at 40.16 (0.34%), Metlen at 38.04 (0.21%), Cenergy Holdings at 23.86 (0.66%), TITAN at 47.22 (0.47%), and ElvalHalcor at 4.89 (0.72%).
Sellers in Allwyn (12.10), HelleniQ Energy (9.925), and Motor Oil (34.92)—the second consecutive session for oil companies.
ADMIE shares outperformed at 3.47 (2.89%), paving the way ahead of the upcoming capital increase.
The ratio of shares with positive/negative performance stands at 56/45. Europe Holdings shares are at 2.05 (3.18%) following yesterday’s “plunge.”