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[BUSINESS] · Greece · 7 sources

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Athens Stock Exchange hits 17-year high above 2,700 points

The Athens Stock Exchange reached a 17-year high, with the General Index closing above the 2,700 mark at 2,701.38 points, marking a 0.37% increase. This represents the highest closing level since November 2009. The market saw a weekly increase of 0.80%, contributing to a year-to-date gain of 27.38%.

In the high-capitalization sector, Lamda Development (+2.95%), HelleniQ Energy (+2.05%), and Piraeus (+1.44%) were among the top performers. The banking index rose by 0.76%, supported by gains in Eurobank and Piraeus, though Alpha Bank saw a decline of 1.22%.

Market sentiment is further influenced by Deutsche Bank’s positive outlook on Greek systemic banks and anticipation regarding DBRS’s upcoming economic assessment for Greece. The market continues to show volatility despite the recent upward trend.

Entities

Alpha Bank · Athens Stock Exchange · Deutsche Bank · ELPE · Eurobank · Lamda Development

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