Athens General Composite Ends Lower as Basic Resources and Telecoms Drag

Greek equities finished Thursday's trading session lower, with the benchmark Athens General Composite index declining as selling pressure in several key sectors outweighed gains in other stocks.

Market Close Details

The Athens General Composite (ATG) fell by 0.40% to close the session, according to data from Investing.com. Market sentiment was broadly negative, as declining stocks significantly outnumbered advancers on the Athens Stock Exchange by a margin of 83 to 33, with 16 stocks ending the day unchanged.

Sector and Stock Performance

The downturn was primarily driven by weakness in the Telecoms, Household, and Basic Resources sectors. Industrial and construction firms were among the day's most significant losers, weighing on the broader index.

Key decliners included:

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• Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA), which saw its shares fall by 4.73% to close at 4.43.
• Gek Terna (AT:HRMr), which declined 3.06% to end the session at 44.40.
• Ekter (AT:EKTr), which dropped 2.60% to finish at 5.25.

Pockets of Strength

Despite the overall market decline, a few companies posted notable gains, indicating some resilience in specific areas of the market. Metlen Energy & Metals was a standout performer, leading a small group of advancing stocks.

The top performers for the session were:

• Metlen Energy & Metals (AT:MTLNr), which rose 3.98% to 43.38.
• Qualco Group SA (AT:QLCOr), which added 3.28% to close at 5.67.
• Athens Medical (AT:AMCr), which gained 2.47% to end at 1.66.