An attempt at a rebound in the European markets, investors in the Greek stock market are following.
Oil prices remain at high levels, as does the discount of S&P500 futures in New York, but in Frankfurt and Paris an attempt is being made at management of the situation.
Despite Brent rising to $106.79 and WTI to $93.39 and the S&P500 futures down 0.41% at 7,712 points, the DAX stands at 25,416 (0.08%), the CAC40 at 8,106 (0.32%) with the EuroStoxx Banks at 316.39 (0.05%).
Some in Euronext Athens are trying to capitalize on this slightly upward trend of the EuroStoxx Banks, in combination with the reasonable rise in the shares of oil refining groups.
Investor moves are positive in the first 30'-40' of the session, with a rather increased pace of orders and pre-agreed orders.
With buyers prevailing in Eurobank and National, the fluctuation for the DTR is in the range of 3,212-3,240 points, with transactions of 2.45 million shares in banking stocks, out of a total of 3.58 million shares (at 11.10').
Increased trading, with sellers clearly prevailing in Allwyn stock. Since the pre-opening session, orders had been placed at significantly lower prices, as a result of developments in the Brazil market. A factor that led Eurobank Equities analysts to downgrade the target price to 11.1 euros. Transactions of 400 thousand shares and more had been carried out within half an hour, in the range of 11.64-11.18 euros, with steady sellers from the very first order.
On the contrary, again from the pre-opening session, buyers' intention to continue the selective tactic of targeted orders in PPC, Coca Cola HBC, TITAN, HelleniQ Energy was evident, while they also proceeded with purchases in Metlen Energy & Metals, Jumbo, GEK TERNA.
At 6,834-6,876 points the FTSE25, with turnover at 37.2 million euros at 11.10'. Of this, 7.09 million via block trades in securities of Eurobank, OTE as well as Motor Oil, HelleniQ Energy. Specifically regarding the two shares of the oil refining groups, the pre-agreed orders should be included in the context of steady demand at a pan-European level and the partial profit-taking by market cycles.
New inflows into Optima Bank stock, and a new high at 14.69 euros. Likewise for EXAE stock, also at a new high of 11.38 euros.
The ratio of stocks is 53/42, with positive/negative sign at 11.15'