Greek stock market index slides into red after auction losses

The Athens Composite Index closed modestly lower on the day, ending at 2,352 points, a decline of 0.13% after the market’s opening auction. Trading volume reached €264 million, with pre‑matched orders accounting for more than €50 million. Major Greek banks posted mixed results: Alpha Bank rose 1.94%, Eurobank 1.39% and Piraeus Bank 1.36%, while the National Bank slipped 0.48% in the auction.

The broader European market remained cautious, with Germany’s DAX down 0.51% and the U.S. S&P 500 gaining 0.64%. Oil prices, which had surged to $98 a barrel, retreated toward $94 amid easing Middle‑East tensions. Attention is now on the European Central Bank’s upcoming policy meeting, where decisions on interest rates and inflation are expected to shape market sentiment.