The Greek bourse benchmark ended Thursday off the 16-year record high posted on Wednesday, as after five straight days of rise there was an appetite among traders for some profit taking. That does not change the overall picture of a summer of growth ahead, given that the conflict in the Middle East appears to have subsided, the local stock market is about to join its developed peers, and the current political stability offers short-term opportunities that 2027 – an election year – may not.
The Euronext Athens (ATHEX) general index closed at 2,471.78 points, shedding 0.52% from Wednesday’s 2,484.69 points. The large-cap FTSE-25 index contracted 0.59%, ending at 6,284.86 points, though mid-caps expanded 0.82%.
The banks index conceded 0.95%, as Eurobank declined 2.48%, Alpha dropped 2.18% and National gave up 0.55%, while Bank of Cyrus grew 1.43%.
In total, 52 stocks obtained gains, 58 sustained losses and 16 remained unchanged.
Turnover amounted to €361 million, up from Wednesday’s €302.8 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 0.53% to close at 307.91 points.
Read the full article at ekathimerini.com →📄Source document: ATHEX general index→2 reports
ekathimerini.comIndependentCenter2 days agoThe Greek stock market benchmark, ATHEX, experienced a minor decline on Thursday, closing below the previous day's 16-year high. This follows five consecutive days of gains, with traders taking profits. Despite this dip, the overall outlook remains positive for continued growth during the summer. Factors contributing to optimism include the easing of tensions in the Middle East, the alignment of the Greek market with other developed markets, and political stability before the 2027 elections. The Euronext Athens index fell slightly, while mid-cap stocks saw gains. Trading volume increased, and楚
Bias read (Center): The article provides a factual account of market performance without overtly favoring any political stance. It discusses economic indicators and market trends objectively.
ekathimerini.comIndependentCenter3 days ago ATHEX: Buyers’ thirst appears to be quenchedThe Greek stock market, represented by the ATHEX general index, saw a modest increase of 0.38% on Wednesday, closing at 2,484.69 points. This follows a five-day upward trend but with smaller gains, lower trading volume, and more losing stocks than winning ones. The FTSE-25 index also rose slightly, while individual bank stocks showed mixed performance. In Cyprus, the stock exchange index rose 0.25%.
Bias read (Center): The article provides a factual summary of stock market movements without editorializing, biased language, or emphasis on any particular political stance. It focuses on numerical data and market performance, which are apolitical in nature.
GR