Mild decline in European, cautious rise in the Greek stock market.
With the price of oil at the threshold of $100 (Brent) and the yield of the US 30-year at 5.248%, the S&P 500 futures have marginally "turned" positive. At the same time, the VIX/CBOE is slipping slightly to 15.62 points.
At 25,851 (-0.64%) the DAX, at 8,254 (-0.72%) the CAC 40 and around zero with marginal changes the GI is trading on the Euronext Athens.
From the pre-opening session, the intention of long players to continue the effort of differentiation, as much as possible, relative to the trend in the main European stock exchanges, became apparent. An effort that had a result in the first 45', with sellers gaining a slight edge at that point in the session.
The first orders placed in the shares of the four systemic banks were from somewhat higher prices, shaping the trend and sentiment in the initial half hour.
At the same time, within a period of 5' several pre-agreed orders were made in the share of Jumbo, with the largest for 500,000 pieces at 28.50 euros, with a total value of 14.25 million euros. Overall, at 11:00 turnover through block trades had reached 15.23 million euros out of a total of 38.30 million euros. In particular, the 500 thousand block was discussed in brokerage offices regarding the identity of the seller and buyer.
In the same period, the clearly long trend of the shares of Motor Oil, HelleniQ Energy, was confirmed, as a result of new inflows.
Already up to 65.65 euros, a new all-time high for the share of MOH, up to 17.28 euros, also a new high, for HelleniQ Energy. Now, with valuations at 7.272 billion euros and 5.250 billion euros respectively, the "subsector" constitutes a significant size on its own, with whatever this may mean also in view of the upcoming market upgrade (by FTSE/Russell, STOXX).
In the area of 3,225 points the DTR, with transactions of 2.22 million shares out of a total of 3.31 million shares shortly before 11:15.
Partial profit-taking in Eurobank, National Bank, continued inflows into Piraeus, Alpha Bank.
With a marginally positive sign the FTSE 25 at 6,932 points, with buyers also prevailing in Allwyn (13.12), Metlen Energy & Metals (47.82), OTE (19.75), PPC (24.06), beyond the two oil stocks.
The confrontation between sellers and buyers is evenly balanced, with partial profit-taking on the part of the former and continuation of stock picking on the part of the latter.
At 42/42 an absolute tie between them, at 11:15, foreshadowing accordingly the course of the session.