The Athens Stock Exchange is currently experiencing its highest levels in 15 years, maintaining a position above 1,800 points despite signs of investor fatigue.
The General Index has surpassed this critical psychological milestone in two trading sessions, marking its strongest performance since May 2010. Notably, the total market capitalization of listed companies has reached over 123 billion euros, a level not seen since August 2008.
This ongoing rally is supported by robust fundamentals, solid dividend payouts, expected business transactions, repeated upgrades from international rating agencies, and a consistently positive macroeconomic environment.
The General Index has increased by more than 23% in 2025, recovering at least 24% from its intra-session lows on April 7.
However, this upward trend has created a state of “saturation” and “overheating” in the Greek market, encouraging the consolidation of gains.
PPC is in the spotlight as management prepares to release its financial results for the first quarter, while Aegean’s shares are trading ex-dividend for a payout of €0.80 per share (yielding 6.1%).
Austriacard is also under scrutiny after reporting revenues of €82.6 million (-10%) and net profits of €2.6 million (-50.5%) for the first quarter of 2025. Additionally, Titan Cement will attract attention following news of the sale of 75% of the Turkish Adocim.
In international markets, investor focus remains on developments regarding US assets, which are at risk of losing their previous appeal due to a recent downgrade by Moody’s. Meanwhile, efforts to establish a ceasefire in Ukraine are also capturing attention.
