Athens Stock Exchange slides as General Index falls amid Orotur Strait tension

The Athens Stock Exchange General Index slipped to 2,463.38 points, a 0.17% decline, as investors watched developments in the Orotur Strait that could affect oil and LNG shipments and energy costs. Despite the broader market weakness, the banking sector index rose 0.17%, keeping banks in a defensive stance.

Later in the week, the General Index recovered to close at 2,467.50 points, up 0.74% and ending four consecutive losing sessions. The rebound was led by strong performances in major Greek banks such as Alpha Bank, Eurobank, National Bank and Piraeus Bank, while Oil and industrial stocks showed mixed moves. Top gainers included OLPA (+4.35%) and Motor Oil (+3.30%); biggest losers were DAA (-1.21%) and Aegean Airlines (-1.16%).