Athens Stock Exchange: General Index Rises Amidst Positive European Markets

Upward trends dominate at the start of trading today (May 12, 2025) in Athens. The General Index of Prices on the Greek stock exchange is shaping up at 1,767.26 units, recording gains of 0.96%. The trading value stands at €28.79 million across 6.14 million shares that have changed hands. Of the 102 traded stocks so far, 80 are showing increases, 9 are experiencing price drops, and 13 remain unchanged compared to yesterday’s closing prices. Among individual indices, the ‘heavyweight’ FTSE high-capitalization index records a rise of 1.12%, while the FTSEM mid-capitalization index shows an increase of 0.94%. The banking FTSE XA index gains 2.10%. Key individual stocks see significant gains with Kyriakoulis shares rising by 7.52%, followed by ELBAL HALCOR with a 4.98% increase. Conversely, DAIOS shares experience the biggest losses at -7.14%, trailed by the Hellenic Wire Company with a drop of -3.10%. European markets also opened positively today due to the US-China agreement to reduce tariffs aimed at de-escalating the trade war between the world’s two largest economies, reducing financial market uncertainty. The pan-European STOXX 600 index rises by 1.40%, and Germany’s DAX, which closed at a record high on Friday, gains 1.52%. London’s FTSE 100 moves positively at 0.60%, while France’s CAC 40 climbs +1.25%, Italy’s FTSE MIB reaches +1.94%, and Spain’s IBEX 35 hits +0.73%. According to a joint statement from both countries, the US and China will suspend part of the punitive customs duties they’ve imposed since President Donald Trump declared a trade war against the second-largest global economy.