Overview of the Market#
On Tuesday, the Greek stock market experienced a slight decline, with the Athens General Composite Index falling by 0.01% at the close of trading. This downturn was primarily driven by losses in the Telecoms, Household, and Basic Resources sectors.
Notable Gainers#
Despite the overall decline, some stocks managed to perform well. Athens Medical saw a notable increase of 4.02%, rising 0.08 points to close at 1.94. Thrace Plastic also had a good day, gaining 3.63% or 0.14 points to finish at 4.00. Additionally, ADMIE IPTO SA, a holding company, rose by 2.33%, adding 0.07 points to reach 3.08.
Major Losers#
On the other hand, several companies faced significant losses. Coca Cola HBC AG dropped 2.45%, losing 1.25 points to trade at 49.85. Euronext Athens Holding SA declined by 1.79%, down 0.13 points to end at 7.12, while Kri-Kri Milk fell by 1.67%, shedding 0.40 points to close at 23.55.
Market Dynamics#
In total, advancing stocks outnumbered declining ones, with 63 stocks rising compared to 53 that fell, and 14 remaining unchanged on the Athens Stock Exchange.
Commodities Update#
In commodities trading, Gold Futures for June delivery decreased by 1.72%, or 83.25, settling at $4,745.55 per troy ounce. Conversely, Crude Oil for June delivery increased by 1.16%, reaching $88.43 per barrel, while the June Brent oil contract rose by 0.90% to trade at $96.34 per barrel.
The Euro to US Dollar exchange rate remained stable, with EUR/USD unchanged at 1.18, and EUR/GBP also steady at 0.87. The US Dollar Index Futures saw a slight increase of 0.16%, reaching 98.07.