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Athens Stock Exchange Rises 0.39%, Surpassing 2,600 Points
🇬🇷 Greece /Economy & Trade

Athens Stock Exchange Rises 0.39%, Surpassing 2,600 Points

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

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  • The Athens Stock Exchange saw a modest rise of 0.39%, returning above the 2,600-point level.
  • Major European stock markets experienced slight declines, with investors showing caution despite lower government bond yields.
  • GEK TERNA and Allwyn were among the top gainers, while Coca Cola HBC and ELPE saw the largest drops.

The Athens Stock Exchange opened with mild upward trends on Thursday, pushing the market back above the 2,600-point mark. The General Price Index reached 2,603.71 points by 11:00 AM, marking a 0.39% increase, with a trading value of 20.17 million euros.

In contrast, major European stock markets recorded small declines. Investors appeared cautious, even as yields on government bonds eased. This sentiment comes in the wake of a U.S. government decision to purchase long-term bonds, a move that typically influences global market behavior.

Within the high-cap stocks on the Athens exchange, GEK TERNA led the gains with a 1.92% increase, followed by Allwyn at 1.04%, Optima Bank at 0.89%, and Elvalhlacor at 0.82%. Conversely, Coca Cola HBC experienced the most significant drop at -1.52%, with ELPE down 0.66% and Jumbo down 0.38%. Overall, 48 stocks advanced, 21 declined, and 14 remained stable.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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