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The Greek stock market had its best session in a “deep” month today (23/9). After a sluggish start, buyers turned active with banks spearheading the rally, which gained more than +2%. In this way, the X.A. broke out of the “bottleneck” of 1,420-1,430 points, in which it had been “trapped”.

The Greek stock market is in “repression”, as evidenced by the stagnation picture it has shown this week. Traders settled for selective moves and stayed away from the high rhythms of the international markets. Athens did not “seize” the opportunity yesterday, when the major markets moved to record levels, and was left today to tune in to their corrective tendencies.

Once more, the Athens Stock Exchange was unable to hold on to early gains, with selling pressure on banks and other blue chips prevailing in the end.

Turnover remained weak and investor interest low.

The general index closed at 1,425.36, down 0.50%, on turnover of €100 million.

Blue chips dropped 0.76%, while mid-caps rose 0.04%.

Once more, the Athens Stock Exchange was unable to hold on to early gains, with selling pressure on banks and other blue chips prevailing in the end.

Turnover remained weak and investor interest low. The general index closed at 1,425.36, down 0.50%, on turnover of €100 million. Blue chips dropped 0.76%, while mid-caps rose 0.04%.

Once again, the Athens Stock Exchange posted mild gains on low turnover, with buyers driving the market through most of Monday's session.

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.

The month began with selling pressure on the Athens Stock Exchange, with the general index declining by as much as 1%, before steadying and limiting losses toward the end of the session.

The ATHEX general index ended 0.25% lower, closing at 1,474.44 points. Turnover was pretty high, at €99.33 million. Blue chips dropped 0.12% and mid-caps 0.47%.

The Athens stock market rebounded strongly Monday, on the back of bank shares' performance and positions on other blue chips.

The general index ended up 1.74%, at 1,285.27 points, on turnover of €108.5 million.

The aggressive selling of banks and other blue chips initially led the Athens stock market to lose as much as 1.8%. In the end, the general index ended up at 1,278.87 points, limiting its losses to 0.62%.

Blue chips lost 0.64%, mid-caps 0.50% and banks 1.19%, after being down as much as 3%.

Negative sentiment in European markets and investors locking in short-term gains led the Greek stock market to drop for a third successive week on Friday.

The week's final trading session was decisive for the negative trend.