Mar 20 • 15:27 UTC 🇬🇷 Greece Naftemporiki

Stock Market: Lost Gains and Closed at... Nadir - Dive of 3.1% for the Week

The Athens Stock Exchange faced significant volatility this week, with its General Index falling below 2,100 points amid concerns about inflation and rising interest rates.

The Athens Stock Exchange has once again succumbed to volatility, as the General Index not only failed to recover the 2,100 points but ultimately closed in negative territory. The ongoing uncertainty in the Middle East has heightened fears of returning inflation and the risk of rising interest rates, leading to a significant increase in government bond yields. Simultaneously, Brent crude oil prices have rebounded, surging back above $110 per barrel.

This climate of uncertainty has shifted attention to companies' financial performances for the fiscal year 2025, the triple expiration in the derivatives market, and adjustments in the FTSE Russell and Stoxx indices, which have affected numerous listed companies. Amidst this fragile environment, the General Index dropped by an additional 0.60% to finish at 2,064.77 points, marking the lowest level of the day.

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