Stock Markets February 5, 2026

Athens Market Falls as Banks, Telecoms and Household Names Weigh on Index

Athens General Composite closes down 1.69% as more than twice as many issues fall as rise; select stocks hit multi-year highs

By Leila Farooq
Athens Market Falls as Banks, Telecoms and Household Names Weigh on Index

Greece's main equity index ended the session lower, with the Athens General Composite slipping 1.69% at the close. Losses were concentrated in the Banking, Telecoms and Household sectors. Decliners outnumbered advancers by a wide margin, while a handful of companies posted notable gains, including two reaching multi-year and all-time peaks.

Key Points

  • Athens General Composite declined 1.69% at the close, with Banking, Telecoms and Household sectors leading losses.
  • Market breadth was negative: 88 decliners versus 35 advancers, and 12 stocks unchanged.
  • Notable individual moves: AT:AKTRr rose 5.09% to five-year highs; AT:KRIr climbed 2.23% to an all-time high; several large-cap names fell, including AT:LPHr and AT:DEHr.

Greek equities finished lower on Thursday, dragged down by declines in the Banking, Telecoms and Household sectors. At the close in Athens the Athens General Composite was down 1.69%.

Winners on the day included Aktor Symmetochon Technikon kai Energoiakon Ergon AE (AT:AKTRr), which advanced 5.09% - gaining 0.54 points to finish at 11.14. Fais Symmetochon AE (AT:FAISr) added 2.92%, or 0.11 points, to end the session at 3.71. Kri-Kri Milk (AT:KRIr) rose 2.23%, or 0.50 points, to close at 22.95.

On the downside, Lavipharm SA (AT:LPHr) posted the largest drop among the headline names, sliding 5.52% - a loss of 0.08 points - to trade at 1.30 at the close. Ilyda SA Class R (AT:ILYr) fell 3.89%, or 0.20 points, to 4.94, while Public Power (AT:DEHr) declined 3.71%, or 0.76 points, to finish at 19.72.

Market breadth was skewed to the downside. Declining issues on the Athens Stock Exchange outnumbered advancing ones by 88 to 35, while 12 stocks ended unchanged.

Two stocks recorded milestone moves during the session. Shares of Aktor Symmetochon Technikon kai Energoiakon Ergon AE rose to five-year highs with the 5.09% gain taking them to 11.14. Kri-Kri Milk's shares reached an all-time high after the 2.23% advance to 22.95.


Commodities and currency moves accompanied the market declines. Gold Futures for April delivery fell 2.28%, a drop of 112.75, settling at $4,838.05 a troy ounce. In energy markets, crude oil for March delivery eased 3.39%, or $2.21, to $62.93 a barrel, while the April Brent contract declined 3.27%, or $2.27, to $67.19 a barrel.

Currency pairs showed modest movement: EUR/USD was effectively unchanged with a 0.15% move to 1.18, while EUR/GBP gained 0.78% to trade at 0.87. The US Dollar Index Futures rose 0.25% to 97.74.


Summary of key market data from the session is noted above. The trading day combined notable individual stock moves - including multi-year and all-time highs for two names - with broader sector weakness that left the benchmark index in negative territory at the close.

Risks

  • Continued sector-specific weakness in Banking, Telecoms and Household stocks could keep downward pressure on the index - this impacts investors exposed to those sectors.
  • Commodity price declines, including sharp moves in gold and crude oil, may add volatility to related equity segments and investor sentiment - energy and commodity-linked firms could be affected.
  • Currency and dollar index movements, while modest in this session, could amplify gains or losses for internationally exposed companies and foreign investors.

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