Athens Stock Exchange: Positive Trend Today Amidst Upcoming US Tariffs

Stocks rebounded on Tuesday (April 1, 2025) during the first session of April in Athens, following a strong decline yesterday (March 31, 2025), amid an upward reaction in European markets that have strengthened after four consecutive down sessions. The General Index at the Greek stock exchange reached 1,700.34 points by 11:00, marking an increase of 0.90%. Trading volume amounted to €21.25 million. The high-capitalization index rose by 1.02%, while the medium-capitalization index strengthened by 0.84%. Among high-capitalization stocks, significant gains were recorded by OLP (+3.27%), METLEN Energy & Metals (+1.71%), National Bank (+1.67%), and Piraeus Bank (+1.35%). Conversely, Titan (-0.82%) and Coca Cola HBC (-1.81%) saw notable declines. Overall, 66 stocks moved upwards, 17 fell, and 13 remained stable. Stocks with the highest increases include Dromeas (+4.21%) and Kekropos (+4.20%), while NAKAS (-3.23%) and Space (-1.54%) experienced the largest drops. European exchanges also showed positive trends today despite caution ahead of the U.S. tariff announcement. The pan-European STOXX 600 index climbed by 1%. The UK’s FTSE 100 strengthened by 0.64%, Germany’s DAX rose by 0.85%, France’s CAC 40 increased by 0.46%, Italy’s FTSE MIB gained 0.50%, and Spain’s IBEX 35 rose by 0.26%. The White House is expected to announce new tariffs tomorrow, Wednesday (April 2, 2025). Concerns about escalating trade wars leading to global economic slowdown caused risk aversion yesterday, pushing the STOXX 600 to its lowest level in over two months.