Greek Stocks Close at One-Month Low as Telecom and Basic Resources Sectors Decline

Greek stocks finished lower on Thursday, with the main benchmark index falling to its lowest level in a month. The Athens General Composite index declined by 0.33% at the close of trading, according to data from the Athens Stock Exchange.

Sector Weakness Drives Decline

The session's losses were driven by broad-based weakness, particularly in the Telecoms, Household, and Basic Resources sectors. Market sentiment was negative, with declining stocks significantly outnumbering advancers by a margin of 73 to 38, while 21 stocks closed unchanged.

Among the session's most significant decliners were several blue-chip names. Key losses included:

• Ellaktor SA (HELr), which fell 3.05% to close at 1.27.
• Public Power (DEHr), declining 3.04% to end the day at 22.94.
• Holding Company ADMIE IPTO SA (ADMr), which dropped 2.89% to 4.37.

Pockets of Strength Emerge

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Despite the overall market downturn, several individual companies posted notable gains, providing a slight counterweight to the prevailing trend. Leading the gainers on the Athens General Composite was Intralot Integrated Lottery Systems and Services SA (BYLOTr), which surged 4.38% to trade at 1.12.

Another strong performer was Athens International Airport SA (AIAr), which added 3.58% to finish at 11.85, demonstrating investor interest in specific stocks even on a down day for the broader market.

Broader Market Context

In the wider financial markets, commodity prices showed significant movement during the European session. According to data from Investing.com, crude oil futures for November delivery rose more than 3.3%. In currency markets, the EUR/USD pair remained relatively stable, while the US Dollar Index Futures saw a modest increase of **0.20%.