Athens Stock Exchange Rallies: General Index Up by 4.2%

The Athens Stock Exchange experienced a buying rally after a three-day decline, with the General Index rising by 4.2%. Banks saw a 7% increase.

Wednesday's (4/3) session was the best in the last 11 months. The market reacted after a two-day sell-off due to the situation in the Middle East.

EYDAP stood out with a 15% increase after the sale of 9.71% to GEK TERNA Group. EYDAP's share reached 8.4 euros, levels not seen since 2021.

Also in focus were the announcements of corporate results and the assessment of the Greek economy by DBRS on Friday (6/3).

In international markets, Wall Street rebounded after initial losses, while European stock exchanges strengthened due to assurances of protection for navigation in the Persian Gulf.