Mild rise in European markets, with banks leading the General Index toward 2,720 points on the Greek stock exchange.
Positive "turnaround" in the New York futures market, after a further decline in oil prices and a parallel retreat in indices such as the VIX/CBOE.
At a 0.23% premium the S&P500 futures at 7,708 points, Brent at $103.79, the VIX/CBOE at 15.79 points.
At 25,564 (0.75%) the DAX, at 8,094 (0.13%) the CAC40 and with the EuroStoxx Banks at 318.1 (0.78%), in Athens the longs in the banking sector have the flexibility to continue with new orders. Now in all four systemic stocks as well, with the result that the DTR fluctuates at 3,264-3,340 points, recording a new "peak".
The banking sector is also in focus today, following yesterday's session. Initially with stronger buyers in National Bank, Eurobank, then in Alpha Bank and Piraeus being added to the move.
From the composition of sellers-buyers, in the first hour, it appeared that whatever supply emerged would be absorbed by the "strong foreign hands" . According to a stockbroker, part of the transactions may also be carried out by investors who are "closing" positions tomorrow Wednesday. At plus 44.91% the "fund" for the DTR, since the beginning of the year, versus 19.4% for the EuroStoxx Banks.
Absolutely normal is the partial profit-taking (nine-month) as the change for the sector index is positive across all major time series. From the weekly (at 2.63%) to the quarterly (at 20.08%) and the annualized.
At 27.2 million shares, transactions in banking stocks, out of a total of 38.22 million shares. Turnover at 252 million euros, with 63.80 million through pre-agreed orders. Very many significant ones, mainly in the systemic stocks, secondarily in PPC, Jumbo, Allwyn.
Buyers stronger in Eurobank (4.922), Piraeus (10.82), National Bank (17.87), Alpha Bank (4.839). New highs for Eurobank, Piraeus and Optima Bank at 14.80 euros (start of the session).
With increased transactions, plus 3.94% at 0.977 euros for the stock of Credia Bank, at 49.35 euros for Metlen, at 11.38 euros for Allwyn, at 3.785 euros for ElvalHalcor, at 12.21 euros for the stock of AIA.
At 3.34 (4.38%) the stock of AVAX, with AXIA- Alpha Finance starting coverage of the stock, with a target price of 5.10 euros- at 1.115 (1.38%) for Bally's/Intralot with increased transactions of 4.12 million, at 1.69 (4.19%) for Europe Holdings.
At 55/54 the ratio of stocks with a positive/negative sign, indicative of the balance on the board.