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Athens Stock Exchange nears sixth consecutive year of growth
The Athens Stock Exchange is approaching its sixth consecutive year of positive returns, with the main index recording a 229% gain since the end of 2020. This performance places the market at its highest levels in 17 years.
Key drivers of this rally include high corporate profitability, strong dividends, political stability, and the integration of the exchange into Euronext. The banking sector has been a primary catalyst, with its index outperforming other sectors by achieving a 498% gain over the same period.
Market capitalization has grown significantly, rising from approximately 53 billion euros in late 2020 to 192 billion euros. Additionally, average daily trading volume has reached levels not seen since 2008, climbing to nearly 344 million euros.
Entities
Alpha Bank · Athens Stock Exchange · Eurobank · Euronext · Federal Reserve · Kevin Wars · Kevin Warsh · MSCI · Moda Bango · Motor Oil · National Bank of Greece · Piraeus Bank
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The market is undergoing a correction following a rally that reached 17-year highs. www.ot.gr · www.fortunegreece.com
- [DISPUTED] Motor Oil shares increased by 3.91%. www.ot.gr · www.fortunegreece.com
- [○ 1 SOURCE] EYDAP shares declined by 3.46%. www.fortunegreece.com
- [DISPUTED] The Athens Stock Exchange General Index closed down 0.74% at 2,667.04 points. www.ot.gr · www.fortunegreece.com
- [● 2 SOURCES] The total turnover amounted to approximately 263.6 million euros. www.ot.gr · www.fortunegreece.com
- [● 2 SOURCES] The General Index reached an intraday high of 2,701.80 points. www.ot.gr · www.fortunegreece.com
- [○ 1 SOURCE] Motor Oil will be added to the MSCI Standard Greece index. www.powergame.gr
- [○ 1 SOURCE] ADME Participations is trading without the right to a supplementary dividend of 0.019 euros per share. www.powergame.gr
- [○ 1 SOURCE] Kri Kri will be included in the MSCI Small Cap Greece index. www.powergame.gr
- [● 3 SOURCES] Investors are awaiting a speech by Federal Reserve Chair Kevin Wars at the Jackson Hole economic symposium. www.powergame.gr
- [○ 1 SOURCE] The Athens General Index rose 0.43% to 2,678.41 units during morning trading.