Mar 5 β€’ 15:25 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Stock Exchange: War... volatility in Athens - Banks 'held' the positive sign

Volatility marked the Athens Stock Exchange today, but buyers managed to maintain a positive sign amid external pressures.

Today, the Athens Stock Exchange experienced notable volatility; however, buyers succeeded in preserving a positive outcome, continuing the recovery from the decline of €13.7 billion. Despite renewed external pressures, the Greek market showed resilience against the threat of a new downturn, coinciding with ongoing military conflicts in the Middle East that pose significant risks to shipping, inflation, and energy. The Greek financial scene was supported by resilient corporate figures for the fiscal year 2025, which laid foundations for achieving new record profitability, alongside attractive prices stemming from recent sell-offs that have created enticing entry points for investors willing to take risks.

Following a relief rally in yesterday’s session where the market surged by +4.1%, the General Index recorded a further increase of +0.51%, closing at 2,171.87 points, which narrowed the distance from the peaks of 2,407 points to less than -10%. This performance highlights the capacity of Greek financial institutions, particularly banks, to withstand external shocks and respond positively in uncertain times, suggesting a sense of cautious optimism among investors. The combination of robust corporate earnings and attractive market valuations could signal a more stable and inviting environment for investment ahead.

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