For the second consecutive day, the Athens Stock Exchange is facing intense selling pressure as the ongoing conflict in the Middle East shows no signs of de-escalation. The volatility in international markets has limited any positive reactions in Athens, with the German DAX index falling by at least 2%. The Brent crude oil price has surged by 3.5%, exceeding $80 per barrel, which further affects the Greek market.

The impact of these external factors is considerable, as the Greek market appears to be losing its previously strong gains from 2026. Following a 3.3% plunge the previous day, the General Index recorded an additional decline of 3.14%, settling at 2,131.80 points, which is a drop of 69 points from Monday's close. The day’s trading fluctuation ranged between 2,129.97 and 2,166.45 points, with trading volume reaching 17.8 million euros, highlighting the market's current instability.

Overall, the ongoing geopolitical tensions and their effects on global markets are rendering Greek stocks vulnerable, and investors are increasingly concerned that these market conditions will erase the resilience exhibited by corporate earnings previously. This financial environment poses significant challenges for the Athens Stock Exchange as investor sentiment continues to falter in response to these external pressures.