Athens Stock Exchange: General Index Rises by 1.85% – Surge in European Markets

Strong upward trends are recorded for stocks at the opening of today’s (June 24, 2025) session, with the market moving above 1,850 units amid a positive climate in European markets. The ceasefire agreement between Israel and Iran, along with a significant drop in oil prices, is driving European stock markets significantly higher. Specifically, the Athens Stock Exchange General Index stands at 1,852.54 points, marking an increase of 1.85%. The trading value amounts to €36.78 million. The high-capitalization index records a rise of 1.87%, while the mid-capitalization index strengthens by 2.00%. Among the high-capitalization stocks, Aegean Airlines (+4.97%), PPC (+3.35%), Elvalhalcor (+2.77%), Eurobank (+2.69%), and AIA (+2.67%) show the largest gains. Conversely, Motor Oil (-0.08%) experiences a marginal decline. 87 stocks are rising, 7 are falling, and 8 remain stable. MIG (+5.50%) and Dromeas (+5.43%) record the highest increases, whereas Alpha Urban Real Estate (-5.05%) and Trastor (-1.63%) see the biggest drops. European exchanges opened sharply higher today, with gains exceeding 1% following Donald Trump’s announcement of a ceasefire between Iran and Israel, boosting market sentiment and investors’ risk appetite. The pan-European STOXX 600 index rose 1.4% to 542.6 points at 10:08 AM (Greek time). Other major regional indices also moved upward, with the German index jumping nearly 2%. Oil prices fell to their lowest in two weeks as supply concerns eased. The oil and gas sector declined by 3.5%, while travel and leisure stocks surged by 4.3%. In the foreign exchange market, the euro strengthened 0.16% against the dollar, trading at $1.1601. The euro stands at ¥168.3340, £0.8541, and CHF 0.9411, while the dollar weakened 0.68% against the yen, trading at ¥145.1550.