Athens Stock Exchange Opens with Marginal Drop of 0.08% – European Shares Rise

A mild decline was recorded in prices at the start of today’s trading session (June 16, 2025) at the Athens Stock Exchange. European shares opened positively despite the tensions between Israel and Iran and geopolitical concerns, as analysts suggest markets are entering a period of high volatility. The General Index of the Athens Stock Exchange is at 1,833.90 points, showing a marginal drop of 0.08%. The trading value amounts to €22.94 million. The high-capitalization index shows a marginal decline of 0.07%, while the medium-capitalization index strengthens slightly by 0.04%. Among the high-capitalization shares, Elvalhalcor (+3.46%), Eurobank (+0.78%), Sarantis (+0.56%), and Titan (+0.50%) saw the largest gains. Conversely, Aegean Airlines (-1.13%), EYDAP (-1.04%), AIA (-0.89%), and Ellaktor (-0.75%) experienced the biggest drops. Overall, 34 shares rose, 53 fell, and 8 remained stable. Notable gains were seen in Ikthinus (+4.06%) and Elvalhalcor (+3.46%), while significant declines were observed in Akritas (-4.47%) and Alpha Urban Real Estate (-3.77%). European markets showed small gains after last week’s losses, driven by corporate news offsetting geopolitical tensions. The pan-European STOXX 600 index rose by 0.2% to 545.87 points. Kering’s share, parent company of Gucci, surged by 7.2% following reports that Luca de Meo will become the new CEO after successfully reviving Renault. Meanwhile, geopolitical tensions remain high with Iranian missiles striking Tel Aviv and Haifa. The energy sector gained 1.1%, reflecting market sentiment amid ongoing conflicts and U.S. tariff policy changes.