Athens Stock Exchange: Greek Shares in Mild Decline Amid Cooling European Markets

The major European markets opened with a slight decline, and the Athens Stock Exchange followed suit, moving cautiously amid escalating tensions in the Middle East following the US involvement in the Israel-Iran conflict. Investors focused on oil prices, driven by concerns over the closure of the Hormuz Straits, leading to controlled declines at the start of today’s session. By 11:00, the General Index stood at 1,792.51 units, marking a 0.53% drop. The trading value reached €13.15 million. The high-capitalization index fell by 0.59%, while the medium-capitalization index retreated by 0.91%. Among high-capitalization shares, Elvalhalcor (+0.87%), Ellaktor (+0.63%), and GEK Terna (+0.26%) saw the most significant gains, whereas Opira Bank (-2.10%), AIA (-1.87%), Aegean Airlines (-1.58%), and Coca Cola HBC (-1.36%) recorded the largest losses. Overall, 19 stocks rose, 69 declined, and 11 remained stable. Drômeas (+3.91%) and Proodevtiki (+3.59%) showed the strongest increases, while Chaïdemenos (-9.45%) and MIG (-3.85%) experienced the sharpest declines. European shares also suffered restrained losses today (June 23, 2025) after the US decision to follow Israel’s example and strike Iranian nuclear installations, intensifying investor fears about the Middle East conflict. The pan-European STOXX 600 dropped 0.3% to 535.11 units at 10:12 am Greek time. Other regional indices also moved into negative territory. Conversely, the oil and gas sector gained 0.7% as oil prices surged amid supply concerns following the weekend strikes. Travel and leisure stocks fell by 0.8%.