Stock Exchange: Returned to 2,300 points with a jump from National and OPAP
The Athens Stock Exchange remained positive, recovering above 2,300 points due to strong fundamentals and positive corporate figures.
The Athens Stock Exchange has managed to stay in positive territory as optimistic fundamental indicators have provided considerable support, contributing decisively to the recovery of the 2,300 points level. Following a recent correction of up to 6.1%, the Greek market has gradually found its footing again, with positive corporate results confirming the narrative for listed companies.
Specifically, during the third session of the week, the General Index saw another increase of +0.89%, closing at 2,304.14 points, gaining approximately 20.5 points compared to Wednesday's closing (2,283.73 points). The day’s fluctuations were in a range of 25 points (from 2,283.32 to 2,307.25 points), with a trading turnover of 300.9 million euros, of which 24.2 million euros related to pre-agreed packages.
On the stock board, the National Bank stood out with a +2.9% increase, followed by Piraeus Bank with a +0.9% rise, supported by robust profitability and investor satisfaction. This upward trend indicates a recovery phase for the Greek market, emphasizing the resilience of these financial institutions amid ongoing economic challenges.