The prolonged uncertainty in the Middle East affected the Greek stock market once again, which shrugged at news of the increased primary budget surplus in 2025 and the new support measures. The attacks two Greek-owned ships suffered at the Strait of Hormuz did not help. Apparently, Athinon Avenue will not revert to normal mode before the geopolitical horizon clears, regardless of domestic developments.
The Athens Exchange (ATHEX) general index closed at 2,229.59 points, shedding 1.37% from Tuesday’s 2,260.67 points. The large-cap FTSE-25 index contracted 1.46%, ending at 5,664.80 points.
The banks index conceded 1.60%, with Alpha dropping 3.04%, Eurobank parting with 1.95%, Optima slipping 1.41%, National losing 1.24%, Piraeus easing 1% and Bank of Cyprus giving up 0.86%.
GEK Terna grew 1.23%, while Aegean Airlines declined 6.51% and Athens airport diminished 6.02%.
In total 36 stocks obtained gains, 71 showed losses and 17 remained unchanged.
Turnover amounted to €230.3 million, up from Tuesday’s €181 million.
In Nicosia, the general index of the Cyprus Stock Exchange decreased 0.56% to close at 286.77 points.