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Mild Rebound on Athens Stock Exchange After Yesterday's Plunge

By Staff
Mild Rebound on Athens Stock Exchange After Yesterday's Plunge
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The Athens Stock Exchange showed a mild upward reaction today, following yesterday's significant drop. Despite the initial positive trend, the stock exchange faced pressures, especially in the banking sector.

The banking index recorded a decrease of 1.56%, with the shares of systemic banks moving downwards. Piraeus Bank fell by 1.94%, Eurobank by 2.24%, ETE by 1.69%, and Alpha Bank by 1.13%.

Among the high capitalization stocks, the largest increase was recorded by the shares of Sarantis (+2.34%), Elvalhalcor (+1.11%), Jumbo (+1.06%), and Aktor (+0.92%). Conversely, the largest decrease was recorded by the shares of Eurobank (-2.42%), Cyprus (-2.03%), Piraeus (-1.94%), and National (-1.85%).

The General Index is moving downwards by 0.74%, at 2,061.27 points, with the value of transactions amounting to 70.79 million euros.

The last time a similarly sharp correction in stock prices was observed was on April 9, 2025, when the General Index recorded a drop of 2.69%.