Athens Stock Exchange: Mild Decline for General Index – Negative Sentiment in European Markets

Stock prices experienced a mild decline at the opening of today’s trading session (4.7.2025) on the Athens Stock Exchange, amid a broader negative trend across European markets. The market is correcting after three consecutive positive sessions during which the main index recorded total gains of 2.53% and reached new 15-year highs. The General Index in Greece is currently trading at 1,909.43 points, reflecting a decrease of 0.30%. Trading volume has reached €16.62 million. The large-cap index is down by 0.37%, while the mid-cap index declines by 0.14%. Among large-cap stocks, Hellenic Petroleum (+1.44%), Sarantis (+0.95%), and GEK Terna (+0.45%) posted the strongest gains. In contrast, Piraeus Bank (-1.54%), National Bank of Greece (-1.46%), Alpha Bank (-1.24%), and ELPE (-1.15%) recorded the sharpest losses. Out of all listed stocks, 37 are rising, 39 are falling, and 21 remain unchanged. Notable performers include Mouzakis(κ) (+9.32%) and Lanaka(κ) (+6.36%), while Trik Alpha(κ) (-18.83%) and Mevaco (-2.40%) saw the biggest drops. Turning to European markets, European equities also fell sharply at the start of trading as investors assess uncertainty over U.S. trade agreements ahead of the July 9 deadline. The pan-European STOXX 600 index declined by 0.67% to 540.09 points, heading toward a weekly drop. The FTSE 100 in London lost 0.28%, Germany’s DAX dropped 0.62%, and France’s CAC 40 fell 0.90%. The FTSE MIB in Milan decreased by 0.68%, and Spain’s IBEX 35 slid by 1.53%. U.S. President Donald Trump announced yesterday that Washington would begin sending letters today clarifying the level of tariffs certain countries’ imports will face in the United States. As the 90-day suspension period for Trump’s tariffs ends next week, investors have adopted a cautious stance, especially since major trade partners like the European Union have not yet finalized trade agreements.