Overview of Market Performance#
On Monday, Greek equities experienced a positive close, with the Athens General Composite Index increasing by 1.78%. This rise was largely fueled by strong performances in the Banking, Construction, and Travel sectors.
Notable Gainers#
Among the top performers on the Athens General Composite, Alpha Bank SA saw a significant increase of 5.34%, closing at 3.26. Intralot Integrated Lottery Systems and Services SA followed closely with a 4.91% rise, ending at 0.90. Gek Terna also performed well, gaining 4.27% to reach 35.16.
Biggest Declines#
Conversely, some stocks faced losses. Motor Oil Hellas Corinth Refineries SA dropped by 3.63%, closing at 37.70. Qualco Group SA and HELLENiQ ENERGY Holdings SA also saw declines of 3.11% and 2.91%, respectively.
Market Breadth#
Overall, advancing stocks outnumbered those that declined, with 72 stocks rising compared to 46 that fell, while 10 remained unchanged on the Athens Stock Exchange.
Commodities and Currency Update#
In commodities, Gold Futures for June delivery fell by 3.70%, trading at $4,439.20 per troy ounce. Crude oil prices also declined, with May delivery down 9.64% to $88.76 per barrel, and June Brent oil down 9.23% to $96.59. In currency markets, the EUR/USD remained stable at 1.16, while the US Dollar Index Futures decreased by 0.44% to 99.02.
