Stock Markets April 9, 2026 10:50 AM

Athens Market Closes Lower as Banking, Telecoms and Household Stocks Slip

Athens General Composite declines 2.63% after session; oil and gold rise while EUR/USD holds steady

By Avery Klein
Athens Market Closes Lower as Banking, Telecoms and Household Stocks Slip

Greece's main stock index fell after the close on Thursday, dragged down by losses across the Banking, Telecoms and Household sectors. The Athens General Composite finished the session down 2.63%, with decliners substantially outnumbering advancers. Gold and crude futures rose, while major currency pairs were largely unchanged.

Key Points

  • Athens General Composite closed down 2.63% at the end of Thursday's trading session.
  • Widespread selling dominated the exchange - 87 stocks fell, 39 advanced and 9 were unchanged; largest declines were in Banking, Telecoms and Household sectors.
  • Commodities saw gains: June gold futures rose to $4,786.84 a troy ounce; May crude rose to $102.10 a barrel and June Brent to $99.14 a barrel; EUR/USD and EUR/GBP were largely unchanged.

Greece's stock market ended lower on Thursday, with sector weakness in Banking, Telecoms and Household shares driving the overall decline.

At the close in Athens, the Athens General Composite was down 2.63%.

Top gainers

  • Interlife General Insurance Company SA (AT:INLIFr) gained 4.65%, adding 0.28 points to finish at 6.30.
  • Lavipharm SA (AT:LPHr) rose 2.90%, up 0.04 points to close at 1.42.
  • Holding Company ADMIE IPTO SA (AT:ADMr) advanced 2.03%, or 0.06 points, to end the session at 3.02.

Heaviest losers

  • Alpha Bank SA (AT:ACBr) dropped 5.75%, a decline of 0.22 points, finishing at 3.64.
  • Eurobank Ergasias SA (AT:EURBr) fell 5.09%, down 0.20 points to 3.73 at the close.
  • Allwyn AG (AT:ALWr) declined 4.32%, losing 0.65 points to settle at 14.40.

On the Athens Stock Exchange, falling issues outnumbered advancing ones by 87 to 39, while 9 stocks ended unchanged.

Commodities and currencies

Gold futures for June delivery rose 0.20%, an increase of 9.64, to trade at $4,786.84 a troy ounce. In energy markets, crude oil for May delivery climbed 8.15% or 7.69 to reach $102.10 a barrel, and the June Brent contract was up 4.63% or 4.39, trading at $99.14 a barrel.

On the currency front, EUR/USD was essentially unchanged, moving 0.11% to 1.17, while EUR/GBP was unchanged by 0.02% at 0.87. The US Dollar Index Futures declined 0.14% to 98.79.


Market takeaway

The session closed with broad weakness, particularly concentrated in financial names and other sectors noted above. Commodity prices moved higher for gold and crude, while major currency pairs showed limited movement.

Risks

  • Continued declines in Banking, Telecoms and Household stocks could maintain downward pressure on the Athens General Composite - this primarily impacts financial and consumer-linked sectors.
  • Volatile moves in crude oil and Brent prices represent an uncertainty for market participants sensitive to energy price swings - this affects energy-exposed firms and broader market sentiment.
  • Limited movement in major currency pairs alongside a softer US Dollar Index Futures creates an ambiguous backdrop for exporters and importers; currency-driven effects on corporate earnings are unclear from the session data.

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