Athens Stock Exchange: General Index Closes Up by 0.65%

The General Index at the Athens Stock Exchange (ASE) saw an upward movement today, Wednesday (May 7, 2025), recovering from losses incurred yesterday (May 6, 2025) due to political developments in Germany. Buying interest returned, boosting ASE trading volumes. Today’s pace at the Athens Stock Exchange was influenced by announcements of expected results within the week. Notably, Alpha Bank is set to announce its results day after tomorrow, with the market pre-emptively showing positive momentum for the bank’s first-quarter performance, pushing shares up by +3.49% (€2.286), covering yesterday’s losses. Meanwhile, OPAPO shares faced pressure post-dividend cut (€0.80), closing at €19.2 with a 4% loss, though its dividend yield alone this year reaches 7%. ADMIE shares significantly strengthened, closing at €3 per share with a 3.45% increase. National Bank shares also rose, covering part of yesterday’s losses, closing up 0.75% at €9.450. Other banking stocks followed suit, with Eurobank gaining 0.91% to close at €2.449 and Piraeus Bank rising 1.02% to €5.150. Ports led the day’s performances, with OLTH closing at a new high of €35.500 and OLP also hitting a new high at €41. Motor Oil shares gained 2%, closing at €21.80. Interest was also noted in Qualco’s public listing, which began today and is attracting investor attention. The FTSE 25 (large-cap) strengthened by 0.66% to 4,268.50 units, while the Mid Cap (mid-cap) closed up 0.86% at 2,594.25 units. Trading value reached €141.546 million, including €14.2 million in blocks. Market capitalization increased to €120.476 billion. Positive signs were seen in 65 stocks, negative in 41, with 21 remaining unchanged.