The Athens Stock Exchange has taken significant breaths as buyers appear to have stopped the recent correction, which saw the General Index drop more than 6% from its peak of 2,407 points. This 'turning point' was especially remarkable on the previous day, with a daily gain of 3.3%, the highest since April 2025, allowing the main index to comfortably reclaim the 2,300 points mark and close at 2,327 points.

The banking index played a crucial role in this market comeback, soaring by 5% as expectations related to financial performance and dividend distributions provide essential support for the market's resilience. This has shifted the focus away from the reasons behind the recent downturn, particularly concerning the Katseli Law.

Further bolstering the bullish sentiment in the market, after yesterday's report from Bank of Cyprus revealing a profit of €480 million and a dividend of €0.7 per share, there are upcoming earnings announcements from several major banks, including Piraeus Bank, Eurobank, National Bank, and Alpha Bank on February 26 and 27, which are anticipated with much interest.