Greek stock market rises in July amid dividend payouts and foreign investor optimism

The Athens‑based Euronext market closed July sessions higher, with the General Index finishing at 2,481.33 points, up 0.88% from the previous close. Trading volume reached €335 million, near the daily average for 2026. Gains were led by the banking sector, whose index rose 1.37%, and were supported by strong performances from non‑bank stocks such as GEK TERNA after a successful private placement, Coca‑Cola HBC hitting a historic high above €58, Motor Oil, Metlen, Allwyn surpassing €14, Jumbo, OLP and EYDAP.

Dividend payouts were recorded on several large‑cap equities, including Alpha Bank, ELPE, OTE and Titan, yet the market’s upward trajectory persisted despite these ex‑dividend adjustments. Foreign institutional investors expressed confidence in Greece’s fiscal and macro‑economic outlook, reinforcing buying pressure.

The session also featured the debut of Atika Polykatismata (ADPS) with 60,161,600 shares priced at €3.2, valuing the newly listed firm at approximately €192.5 million. Other notable moves included Lamda Development’s push toward a €7 target, Profile achieving a record €8.16 price, and continued strength in Viohalco and related industrial stocks.