Overview of Market Performance#
Greece's stock market closed lower on Thursday, driven by declines in the Telecoms, Household, and Basic Resources sectors. The Athens General Composite index fell by 0.54% by the end of the trading day.
Notable Gainers#
Despite the overall decline, some stocks managed to perform well. Thessaloniki Water and Sewage Co SA saw a rise of 4.07%, closing at 4.10. Motor Oil Hellas Corinth Refineries SA increased by 3.83%, finishing at 38.00, while Cenergy Holdings SA gained 2.76%, ending at 23.84.
Major Losers#
On the other hand, several stocks faced significant losses. Allwyn AG dropped 4.72% to close at 12.10. Alumil fell by 3.31%, ending at 5.84, and Piraeus Bank SA decreased by 3.10%, closing at 7.95. Overall, declining stocks outnumbered those that rose, with 63 declines compared to 54 gains, and 13 stocks remained unchanged on the Athens Stock Exchange.
Commodities and Currency Updates#
In commodities, Gold Futures for June delivery rose by 1.61%, reaching $4,635.05 per troy ounce. Conversely, Crude oil for June delivery fell by 0.90% to $105.92 per barrel, while the July Brent oil contract saw a slight increase of 0.11%, trading at $110.56 per barrel. In currency markets, the EUR/USD pair remained stable at 1.17, and the US Dollar Index Futures decreased by 0.72%, settling at 98.11.