Geopolitical tensions continue to impact the Athens Stock Exchange, as investors remain influenced by global trends.
The ongoing military conflict between Iran and Israel, which began on Friday (June 13), has raised alerts across the international community.
Analysts are particularly concerned about the potential for greater escalation, either through the involvement of additional countries or Tehran’s choice to close the Strait of Hormuz.
Currently, experts are favoring the least damaging outcome, but uncertainty looms large due to limited visibility in the situation.
Meanwhile, Athens is maintaining a steady course, holding above the key psychological level of 1,800 points. However, analysts cannot dismiss the possibility of a correction to 1,750 points, which marks a crucial support level. Given this year’s strong rally (+24%), there is potential for sellers to liquidate their positions.
On the agenda today, the market is looking forward to the general meetings of Domiki Kritis, ELTON, Dimand, Dromeas, and Alter Ego.
Additionally, Motodynamic’s shares will start trading today without the entitlement to the annual dividend of €0.13 per share (yielding 4.7%).
International Markets
Reports of a significant Israeli strike on Tehran have heightened concerns in global markets. Despite an earlier calm reaction, these markets are bracing for substantial losses as they prepare to open today. Meanwhile, oil prices have remained steady, fluctuating between $70 and $75 per barrel.
