Greek Stocks Fall to One-Month Low as Banking Shares Lead Decline

Greek equities closed lower on Friday, with the benchmark Athens General Composite index falling 1.24% to reach a new one-month low. The decline was driven by broad-based selling pressure, particularly in the banking, telecommunications, and household goods sectors.

Widespread Declines in Athens

The negative sentiment was evident across the Athens Stock Exchange, where declining stocks significantly outnumbered advancers. According to closing data, 75 companies saw their share prices fall, while only 31 posted gains and 28 ended the session unchanged.

Banking Sector Under Pressure

Financial stocks were among the session's worst performers, contributing heavily to the index's slide. The sharpest declines among major listed companies included:

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• Euronext Athens Holding SA (AT:EXCr), which fell 4.49%.
• Piraeus Bank SA (AT:BOPr), declining 4.41%.
• Alpha Bank SA (AT:ACBr), which was down 4.09%.

Pockets of Strength

Despite the broader market downturn, a few companies bucked the trend. The top performers on the Athens General Composite included Gek Terna (AT:HRMr), which rose 1.86%. Metlen Energy & Metals (AT:MTLNr) added 1.32%, and Alumil Aluminium Industry SA (AT:ALMr) gained **1.27%.