Athens Stock Exchange: General Index Declines Amid Negative Signals in Europe

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Mild downward trends dominate today (May 15, 2025) at the opening of trading in Athens. The General Index of Prices on the Greek stock exchange is currently shaping up at 1,790.34 units, recording losses of -0.05%. Trading value stands at €26.7 million across 5.19 million shares that have changed hands. Of the 99 equity titles traded so far, 35 are showing an increase, 44 a price drop, and 20 remain unchanged from yesterday’s closing. Among the individual indices, the ‘heavyweight’ FTSE high-capitalization index records losses of -0.19%, while the FTSEM mid-capitalization index shows a decline of -0.12%. The banking FTSE XA records a drop of -0.32%. Among individual stocks, the QUALCO GROUP share leads with a gain of 5.33%, followed by ELASTRON with a rise of 4.44%. Conversely, Attiki Ekdosis suffers the biggest loss with -7.61%, trailed by PREMIA with a decline of -2.07%. European stock markets also declined at the start of trading due to the slump in energy shares following reduced crude oil prices. Investors await economic data from the U.S. and statements from Federal Reserve Chair Jerome Powell. The pan-European STOXX 600 index fell 0.17%, with the energy sector experiencing the largest losses, down 2%. The FTSE 100 in London fell 0.16%, Germany’s DAX is at -0.18%, and France’s CAC 40 at -0.22%. Italy’s FTSE MIB lost -0.44% and Spain’s IBEX 35 dropped -0.11%. Oil prices fell over 3% amid prospects for a potential US-Iran nuclear deal that could ease sanctions and boost supply. Shares of major oil companies were hit hardest, with BP and Shell falling 5% and 3%, respectively, dragging the general index downward.