The Athens Stock Exchange started the day with buyers taking a strong lead, particularly driven by the performance of the banks as they prepare for the upcoming financial results in the next couple of days. This activity follows a recent three-day downturn, where the Greek market is attempting to react positively by moving closer to the psychological threshold of 2,300 points and regaining momentum toward the heights reached 16 years ago, at 2,407 points.

Specifically, during the second session of the week, the General Index recorded a measured increase of +0.78%, settling at 2,276.82 points and gaining more than 17 points compared to Tuesday’s close of 2,259.13 points. The daily price fluctuations spanned 19 points, ranging from 2,266.55 to 2,285.10 points. Trading revenue amounted to 153.6 million euros, with 7.1 million euros from pre-agreed packages. The market sentiment appears to be shifting positively as strategic entry points and improved external conditions are encouraging investors to engage again in the Athens market.

This rally could indicate a renewed interest in the Greek economy, particularly in the banking sector, which is historically seen as a bellwether for the broader economic health. With financial results expected soon, banks are positioning themselves to regain investor confidence, which could open doors to a more sustained recovery for the stock market if the trend continues.