As June nears completion, the quarter ends and the "closing of the books" for the first half, investors have a margin of two sessions to settle their accounts.
With losses in the last week, with a negative "balance" for June and with the shorts having once again gained a comparative advantage, following the latest developments in the Middle East, Monday's and Tuesday's sessions are of substantial interest.
At 7,353.37 points the S&P500, after a weekly correction of 1.08% and 2.23% monthly, but up 7.42% for 2026. Nasdaq and S&P500 under pressure as a result of liquidations in Magnificent Seven stocks, but with gains for the DJIA, Russell 2000, an indication that part of the interest and liquidity shifted toward other categories of stocks/listed companies.
According to the most recent data, US forces launched a second wave of strikes on Iran, with Tehran responding. New threats from the Revolutionary Guards for strikes on Kuwait, Bahrain, a new Trump message and the VIX/CBOE at 18.42 points.
It had been preceded by, once again, a breach of the 20-point threshold, up to 20.72 on Friday. At $69.23 the (futures) price of Crude WTI, at $72.60 for Brent, as the community does not seem particularly worried by the "thorns" arising from the implementation of the ceasefire agreement (of 60 days).
On Wall Street attention is focused on the Fed, on the policy that Kevin Warsh will follow and on the announcement of critical economic data. In particular, next Thursday (July 2) the June employment data will be announced, which according to analysts will affect estimates for the course of Federal Reserve monetary policy. For June, the market expects the creation of about 115,000 new jobs, with unemployment remaining at 4.3%.
This comes at a time when, according to Manos Hatzidakis, expectations for corporate profitability remain particularly high. Analysts forecast an increase in profits of about 22% in the second quarter, after the impressive 29% rise of the first quarter, which far exceeded the initial estimates for an increase of just 9%.
In Europe as well, the "balance" is also negative for DAX, CAC40 both on a weekly and monthly basis and with small gains for 2026.
At 24,671.22 the DAX with a rise of just 0.74% since the beginning of the year, at 8,384.87 the CAC40 up 2.89% over the same period.
To the many problems Europe has to manage, the climate issue has also been added, due to the unprecedented heatwave.
The Greek stock market remains steadily in outperformance, with the GD at 2,449.29 points strengthening by 15.49% for 2026, with the DTR at 2,734.21 points strengthening by 19.20% and the FTSE25 by 15.93% at 6,203.62 points. Comparative advantage for the longs is the almost double change of the DTR versus the Eurostoxx Banks. At 290.19 points the European index, up 8.706% since the beginning of the year.
In a pre-election period, the business and investment community as well despite the summer lull, with the government strategy focused on the...pocket of citizens. A related topic also on the measures that are on the table, with the Thessaloniki International Fair as the horizon.
However, among the characteristics of the half-year is the maturity of the market combined with the increased investment interest from "strong hands"
A fact reflected in the parallel raising of significant capital without causing, for the time being, significant pressure on listed companies and stocks. With the AKTOR group having announced the raising of 950 million euros (650 million through a capital increase, 300 through a bond issue) and the management of ElvalHalcor moving in a similar direction, the amounts that will have been "raised" in the seven-month period will exceed 7.5 billion euros. According to stockbrokers, the market is finally emerging as a source of capital raising that finances the development plans of groups and businesses.
Attracting significant "new capital", as was seen in the case mainly of PPC, and secondarily of ADMIE. In AKTOR's plan for batteries, FSRU, ships and new deals in LNG Giorgos Fintikakis refers. on how the capital increase will take place and what applies for ElvalHalcor shareholders, a related article refers.
Distinct is the shift of investors toward specific stocks during the second quarter, resulting in a trend in the half-year "closing", with a detailed picture of banking stocks and blue chips.
Among the important items of the coming week, initially for the last two sessions of June, what takes precedence is the ex-dividend date for Fourlis (0.15 euro/share), Alter Ego Media (0.12/share) tomorrow Monday and GEK TERNA (0.40/share), Profile (0.08/share), Safe Bulkers (0.06/share) on Tuesday.
Beginning of July, with ex-dividend for HelleniQ Energy (0.40/share), TITAN (1.10/share), Alpha Bank ( 0.015/share), OTE (0.88/share), Flexopack (0.18/share) on Wednesday, while Thursday is the "first" for Attica Department Stores. Oversubscription at 3.9 times, the share offering price at 3.2 euros, with Alexandra Gkitsi referring both to the bet on luxury brands and to Lambros Papakonstantinou's new deal. Friday, dividend ex-date for Petropoulos (0.35/share) and Mevaco (0.25/share).