The Athens Stock Exchange is experiencing significant volatility today, with the General Index fluctuating frequently in the initial minutes of trading. Investor sentiment is declining due to escalating geopolitical tensions in the Middle East. Analysts warn that clashes between Israel and Iran are raising concerns about potential impacts on economic growth.
In Monday’s (16/6) session, the General Index has decreased by -0.17%, currently trading at 1,832.33 points. The day’s peak reached 1,838.10 points, while the lowest point was 1,825.88. The goal is to maintain the index above the support level of 1,800, while staying close to the 15-year high of 1,880.
Last Friday, the Athens Index sharply declined to 1,811.30 points following significant sell-offs in global markets triggered by the conflict between Israel and Iran. Despite this, the General Index managed to limit its losses to -1.06%, showcasing resilience to international pressures and closing near the daily high of 1,835.50 points. However, it still recorded a weekly decline of -0.4%. Gains for June so far have been modest at +0.23%, and the year-to-date yield for the GD stands at +24.89%.
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