Overview of Market Performance#
On Thursday, Greece's stock market closed lower, with the Athens General Composite Index declining by 2.47%. This drop was primarily driven by losses in key sectors such as Banking, Telecoms, and Household goods.
Notable Gainers#
Despite the overall market decline, a few stocks managed to gain. Athens Water saw a notable increase of 4.88%, rising 0.43 points to close at 9.24. Other gainers included Dimand Societe Anonyme for Real Estate Constructions, which rose by 0.80% or 0.10 points to finish at 12.60, and Thessaloniki Water and Sewage Co, which edged up by 0.26% or 0.01 points to close at 3.93.
Major Losers#
On the flip side, several stocks experienced significant losses. Alumil dropped 5.90%, losing 0.34 points to trade at 5.42. Elvalhalcor Hellenic Copper and Aluminium Industry fell by 5.41%, down 0.20 points to end at 3.50, while Thessaloniki Port Authority saw a decline of 4.99%, shedding 1.80 points to close at 34.30.
Market Statistics#
Overall, the number of declining stocks outnumbered those that rose, with 107 stocks falling compared to just 14 that gained, while 10 remained unchanged on the Athens Stock Exchange. In commodities, Gold Futures for April delivery decreased by 6.20%, settling at $4,592.66 per troy ounce. Conversely, Crude Oil prices rose, with May delivery increasing by 3.40% to $98.71 per barrel. The Euro also showed some strength, with EUR/USD rising 0.52% to 1.15.