Story
Athens Stock Exchange Hits 5-Year High, Up 1.02% on Banking and Travel Gains
Summary
The Athens General Composite index climbed 1.02% to a new five-year high on Wednesday, buoyed by strong performances in the banking, construction, and travel sectors. Athens International Airport was a top performer, surging over 6%.
The Athens General Composite index closed 1.02% higher on Wednesday, reaching a new five-year high in a session marked by broad-based gains. The advance was led by strong investor interest in the banking, construction, and travel sectors, according to closing data from the Athens Stock Exchange.
Market Performance
The benchmark index's move to a multi-year peak signals sustained positive momentum in the Greek market. The session's breadth was positive, with 75 stocks advancing compared to 48 decliners, while 14 issues ended the day unchanged.
Sector and Stock Movers
Travel-related stocks were among the day's strongest performers. Athens International Airport SA (AIAr) was the top gainer on the composite index, surging 6.23% to close at a price of 12.96, a new all-time high for the company's shares.
AdOther notable advancers included:
- Piraeus Port Authority SA (OLPr), which rose 4.06% to 48.70.
- Intracom Holdings SA (INRr), which gained 3.79% to end the session at 3.01.
On the downside, Interlife General Insurance Company SA (INLIFr) was the session's biggest laggard, falling 3.94%. Alumil Aluminium Industry SA (ALMr) and Thessaloniki Port Authority SA (OLTr) also registered declines of 2.09% and 1.72%, respectively.
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