Athens Stock Exchange Opens with a 0.72% Drop – European Shares Decline

Stock prices fell at the opening of today’s session (May 22, 2025) at the Athens Stock Exchange, amid a declining climate in European markets. The market retreated after four consecutive upward sessions during which the main index recorded total gains of 2.80%. The General Index is now at 1,822.49 points, marking a drop of 0.72%. Trading volume stands at €14.85 million. The high-capitalization index dropped by 0.81%, while the mid-capitalization index declined by 0.55%. Among high-capitalization shares, Elvalhalcor (+2.03%), Lamda Development (+0.77%), Viohalco (+0.69%), and Aegean Airlines (+0.65%) saw the largest increases. Conversely, Jumbo (-2.34%), Ellaktor (-1.67%), Alpha Bank (-1.59%), and Eurobank (-1.47%) experienced the biggest declines. Overall, 19 stocks rose, 63 fell, and 8 remained stable. Myloi Kepeou (+9.09%) and Klōstēria Naupaktou (+3.24%) showed the highest gains, while Moda Bango (-6.40%) and Akritas (-6.03%) suffered the largest losses. European markets also opened lower today, as concerns over the U.S. fiscal situation kept yields on American bonds elevated. Investors await data on business activity to assess the impact of U.S. tariffs on the eurozone economy. The pan-European STOXX 600 index fell 0.6% by 10:18 AM Greek time, retreating further from its two-month high earlier this week. Wall Street closed with significant losses yesterday, while the yield on the benchmark 10-year U.S. Treasury note surged to a three-month high amid worries that U.S. national debt could rise by trillions if Congress passes President Donald Trump’s proposed tax cut bill.