The Athens Stock Exchange continues to experience intense volatility, with sellers pushing the General Index below 2,300 points, erasing a substantial part of yesterday's rally, which had seen a rise of 3.3%. Currently, the banking sector is leading the way in these sell-offs, with other blue-chip stocks also struggling to maintain positive momentum and yielding to the temptation of profit-taking. This situation reflects the ongoing challenges in the market as investors assess their positions amidst fluctuating prices.

In the fourth trading session of the week, the General Index reported a sharp decline of 2.20%, settling at 2,276.14 points, which is over a 51-point loss compared to Wednesday's close of 2,327.44 points. The day's trading range fluctuated by 50 points, indicating significant market movements, while the trading volume stood at €107.8 million, with €6.1 million attributable to pre-agreed packages. This suggests a cautious sentiment among investors as they navigate the current state of the market.

On the chart, major banks such as National Bank, Eurobank, Alpha Bank, and Piraeus Bank have seen declines of around 3%, reflecting a broader trend among financial institutions as they grapple with market pressures. As the situation evolves, investors will be keenly watching how the market reacts in the coming days, with the potential for further volatility continuing to loom in the Athens Stock Exchange.