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Athens Stock Exchange closes week with gains led by energy and banks
The Athens Stock Exchange closed the week with a slight upward trend, with the General Index rising 0.38% to 2,623.25 points in the final session. This brings the weekly gain to 0.31%, marking four consecutive weeks of growth and a year-to-date increase of 23.70%.
Investor interest was concentrated in the banking and energy sectors. Motor Oil reached a new historical high, while HelleniQ Energy hit a 26-year high. Other notable performers included Optima Bank, which also reached a new record, and National Bank of Greece. Conversely, stocks such as Coca-Cola HBC, ElvalHalcor, and Piraeus Bank saw some selling pressure or declines.
Trading volume was significant, with total turnover reaching approximately 234.99 million euros. The session saw increased activity in pre-agreed transactions involving major banks like Eurobank, Piraeus Bank, and National Bank of Greece. Analysts from international institutions like Citigroup and Moody’s have expressed positive outlooks on the Greek banking sector, citing organic growth and strong profitability expectations for 2026-2027.
Entities
Athens Stock Exchange · Citigroup · Helleniq Energy · Motor Oil · National Bank of Greece · Optima Bank
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The Greek stock market has an estimated forward P/E ratio of approximately 10.8 times. www.paraskhnio.gr
- [○ 1 SOURCE] Motor Oil shares rose by 4.85%. www.iefimerida.gr
- [○ 1 SOURCE] Citigroup raised its price target for Piraeus Bank to 11.40 euros and National Bank of Greece to 17 euros. www.paraskhnio.gr
- [○ 1 SOURCE] HelleniQ Energy shares reached a new 26-year high. www.businessdaily.gr
- [○ 1 SOURCE] The stock market has seen four consecutive weeks of gains. www.paraskhnio.gr
- [○ 1 SOURCE] Citigroup increased its price target for Alpha Bank to 5.30 euros. www.paraskhnio.gr
- [● 3 SOURCES] The index recorded a weekly increase of 0.31%. www.iefimerida.gr · www.businessdaily.gr · www.paraskhnio.gr
- [○ 1 SOURCE] Optima Bank shares reached a new historical high. www.businessdaily.gr
- [○ 1 SOURCE] Transaction value reached 234.99 million euros. www.iefimerida.gr
- [● 3 SOURCES] The index has seen total gains of 23.70% since the beginning of the year. www.iefimerida.gr · www.businessdaily.gr · www.paraskhnio.gr
- [○ 1 SOURCE] Citigroup increased its target price for Alpha Bank to 5.30 euros. www.paraskhnio.gr
- [DISPUTED] The General Index closed at 2,623.25 points, up 0.38%. www.iefimerida.gr · www.businessdaily.gr