Alpha Real Estate Services

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ALPHA REAL ESTATE SERVICES L.L.C.

A return to gains for stocks

Greek stocks returned to gains Wednesday after Tuesday's slight correction.

The Athens Stock Exchange general index closed at 1,432.53 points, up 0.49%, having risen as high as 1,434.58 (0.64%).

Turnover was €70.15 million, with 14,581,437 shares changing hands.

Blue chips gained 0.60% and mid-caps 0.16%.

“Black Monday” on the Athens Stock Exchange, nearly all of 2024’s gains wiped out – Sell-off in international markets

Uncontrollable “bleeding” in global markets, with Athens recording one of the largest percentage drops compared to other European stock exchanges. Most of this year’s gains were lost, with trading volume at high levels due to mass sell-offs.

Market Mayhem: Athens Stock Exchange Plunges 7% with Massive Liquidations

On Monday (5/8), the General Index plunged by -7.37%, trading at 1,325.49 points, fluctuating between a low of 1,325.03 and a high of 1,428.01 points.

The current scenario reflects one of the most significant daily declines in recent years, comparable to February 24, 2022 (-6.42%) and March 23, 2020 (-7.58%). If the index falls below 1,300 points, it risks wiping out 2024’s gains.