The Athens Stock Exchange appears to be entering a correction phase as it adjusts to recent gains in the ongoing bull market. After reaching 16-year highs, the market has been experiencing volatility, particularly evident from last week's trading session, which marked its worst decline since April 2025. This downturn reflects the market's sensitivity to negative news and investors' willingness to take profits off the table.

Stocks that previously performed well over the past weeks and months are now at the forefront of selling activities. The banking sector has been among the hardest hit, witnessing an overall correction of nearly -8% from its intra-day highs in 2026. Notably, the General Index, which reached its annual peak earlier in the year, has seen a decline of -4.91% so far in this correction process.

This adjustment is significant as it highlights both the volatility inherent in stock markets and the specific pressures facing the Greek economy. Investors may need to reassess their portfolios in light of this shift, as the potential for further corrections remains amid broader economic uncertainty.