Investor moves in the European markets are positive, while in the Greek stock market they are negative.
With a long trend in the New York futures market, in Frankfurt, Paris buyers have a significant advantage over sellers. As a result, the DAX is up 1.03% at 25,216 points and the CAC40 by 0.77% at 7,896.
However, the weekly balance is negative in both stock markets, as well as on Euronext Athens.
Stabilizing in the initial period, until 12:10-12:15, with the GI in the area of 2,650 points, followed by a correction gradually to 2,677.71 points (shortly after 13:30).
The weekly balance for the GI is down 0.82%.
The increase in liquidations mainly in bank stocks is the reason for the market's "turnaround", with sellers returning to blue chips as well.
Explosive rise in September inflation to 5.1% versus 3.8% in the eurozone, a worrying development that to a lesser or greater extent also concerns listed companies.
In the banking sector, the largest part of trading, indicative are the 22.9 million shares out of a total of 29.2 million shares (shortly before 14:30), with the sales "tail" from yesterday's session continuing. From 3,238, the DTR is almost 100 points lower, with more pressing sales from 12:30 onwards.
The trigger for accelerating position reductions in sector stocks (S&P report) appears to be affecting today as well the stance mainly of the more short-term players.
Sales remain steady in the shares of the four systemic banks, with Eurobank at 4.652 euros, National at 16.88 euros, Piraeus at 10.29 and Alpha Bank at 4.508 euros. Piraeus is the only one of the four with a positive weekly change (0.39%).
The stock of Metlen Energy & Metals is in fifth place in the relevant ranking, from the start of the session until a little while ago. The fluctuation is at 48.48-49.44 euros in a continuously positive direction, with increased trading (in synchronization with the London stock exchange). It is one of only five stocks in the index with buyers prevailing, against the generally selling trend that has formed.
The stock of GEK TERNA is at 43.74 euros, Coca Cola HBC at 49.90, HelleniQ Energy at 18.30 and ElvalHalcor. at 3.79 euros.
Change in trend for the broader part of the board, as from 54/49 the ratio of stocks with a positive/negative sign tilted to 24/92 shortly after 14:30.