Athens Stock Exchange Closes Lower as Sector Weakness Offsets Energy Rally

The Athens General Composite index ended Wednesday's trading session in negative territory, closing down 0.23%. The modest decline was driven primarily by losses in the telecommunications, household, and basic resources sectors, according to market data.

Market Breadth and Key Decliners

Overall market sentiment was negative, with falling stocks outnumbering advancing ones on the Athens Stock Exchange by a margin of 66 to 44. An additional 23 stocks closed the session unchanged.

Leading the laggards among the benchmark's constituents were:

• Gr Sarantis SA (SRSr), which fell 4.58% to trade at 12.92.
• Autohellas (AUTr), declining 3.23% to end the day at 11.38.
• Thessaloniki Port Authority SA (OLTr), which dropped 2.53% to close at 38.50.

Ad

Energy Stocks Hit Record Highs

In a notable divergence from the broader market trend, several major energy and property companies posted strong gains and reached new milestones. The rally in the energy sector coincided with a significant rise in global oil prices, with both WTI and Brent crude contracts trading over 3% higher.

Top performers for the session included:

• HELLENiQ ENERGY Holdings SA (HEPr), which surged 6.29% to a new all-time high of 17.73.
• Motor Oil Hellas Corinth Refineries SA (MORr), which gained 3.38% to also close at a record high of 67.20.
• BriQ Properties REIC (BRIQr) advanced 3.13%, reaching an all-time high of 3.30.