Athens Stock Exchange rebounds after four‑day losing streak

The Athens Stock Exchange opened in green on Monday, ending a four‑session decline. The General Index rose 0.53% to 2,462.26 points, while the large‑cap index gained 0.81% to 6,253.85. Bank stocks led the advance, with Alpha Bank up 1.79%, Eurobank 1.13%, Piraeus Bank 1.96% and TEI 2.2%.

Heavy‑weight shares such as Coca‑Cola HBC, OTE and Aktor continued toward record levels. Analysts linked the market’s defensive stance to easing geopolitical tension in the Middle East, noting recent US‑Iran diplomatic contacts as a catalyst for investor optimism.

In corporate news, the public offering of Attica Department Stores was heavily oversubscribed—about 3.9 times the 66 million shares offered—at the top of the €3.00‑€3.20 price range (€3.20 per share). Trading of the new shares is scheduled for 2 July. Dividend updates were also announced: Fourlis will not receive the €0.15 per‑share dividend, Alter Ego Media’s dividend is set at €0.03 per share, and Safe Bulkers will pay $0.06 per share.