Stock Market: Buyers React with a Good Morning – ‘Brake’ on Correction for Banks
The Athens Stock Exchange shows a robust reaction from buyers who are seizing recent corrections to re-enter the market.
The Athens Stock Exchange experienced a notable upward movement, with buyers taking advantage of recent price corrections to re-enter the market. This rebound is characterized by attractive stock prices and strong expectations for the economic performance in 2025, which together create a conducive environment for market recovery. However, this resurgence does not eliminate the ongoing volatility, which remains a factor to consider.
During the third trading session of the week, the General Index recorded a significant increase of +1.33%, rising to 2,282.92 points, marking a gain of approximately 30 points compared to Tuesday's closing figure of 2,253.06 points. The range of daily fluctuations stretched over 15 points, with trading volume reported at 13.9 million euros. This volatility reflects the dynamic nature of the market amidst shifting investor sentiments and economic forecasts.
Notably, Alpha Bank broke a seven-day losing streak while the Bank of Cyprus gained more than +2.7% following positive financial results for 2025. This demonstrates the varying performances among different banks and underscores the potential for recovery in the sector, influenced by broader economic expectations and market corrections. As the market continues to evolve, participants remain attentive to potential changes in investor behavior and economic indicators that could impact future trading activities.