The Athens Stock Exchange experienced a significant drop of 2.8%, marking its worst session since April 2025, as sell-offs impacted the entire market and broke critical support levels.
Today, the Athens Stock Exchange saw a dramatic decline of 2.8%, representing its worst performance since April 2025. The pressure on the banking sector and abrupt corrections in high-performing stocks led to a breach of the crucial support level of 2,300 points, widening the gap from recent peaks of 2,407 points. The General Index declined to 2,288.83 points, a decrease of over 66 points from Friday's close of 2,355.30 points.
During the last session of the week, the daily trading range was noted to be 47 points, fluctuating between 2,287.90 and 2,334.60 points, with trading volume hovering around 389.1 million euros, including 18.1 million euros in pre-agreed packages. This significant market movement has ended the Athens main index's eight-day upward streak, highlighting the current volatility and uncertainty in the Greek stock market.
In the context of the broader market trends, this sudden downturn reflects ongoing pressures in the financial sector, as investors react to economic indicators and the performance of key stocks. Analysts will closely monitor the resistance and support levels in the coming days to assess potential recovery or further decline in the market.
