Today’s session on the Greek stock exchange was clearly bullish, with the main indices of the Athens Stock Exchange (General Index, FTSE 25) consistently trading in positive territory, buoyed by ongoing “stock picking” by buyers in the large-cap sector.
The General Index and the banking sector index completed six consecutive sessions of gains, with cumulative gains of 7.18% and 10.31%, respectively, while this six-day winning streak marks a six-month record for the General Index and echoes the period from November 19, 2025, to November 26, 2025, when the General Index recorded six consecutive sessions of gains.
On the other hand, today’s closing of the index marks a new high of more than 3.5 months, with the next highest close recorded on 2/4/2026 (2,407.07 points).
“Despite the problems in the U.S.-Iran negotiations, the GD continued its upward trend, breaking through the critical resistance level of 2,309–2,319 points on its third attempt—a level that has now become the nearest support—while also closing the downward ‘gap’ at 2,348 points. Remaining above the 2,320–2,300-point range keeps the scenario of a move toward 2,380–2,400 points active in the short term, with key support now at 2,280–2,260 points,” as reported by Kyklos Securities.
Attention is also focused on the first-quarter results that listed companies continue to release. Cenergy, Motor Oil, and Kri-Kri will announce their results after the close of today’s trading.
Meanwhile, Iranian state television reported that“Tehran has received a draft of an initial informal framework for a memorandum of understanding (MoU) with the United States, aimed at de-escalating tensions in and around the Strait of Hormuz. According to the alleged draft framework, Iran would commit to restoring, within one month, the number of ship transits through the Strait of Hormuz to pre-war levels. In exchange, the United States would withdraw military forces from the region surrounding Iran and lift what Iranian state media described as a “naval blockade.”
It is worth noting that the S&P 500, Nasdaq, and Russell 2000 indices closed at new all-time highs during last night’s trading on Wall Street, while this morning the Korean Kospi followed suit with record gains.
Returning to the Athens Stock Exchange, it is worth noting that all recent sessions have confirmed the views of those who argued that “if the index continues to close above 2,300 points, the upward trend will strengthen,” while today’s trading volume was the highest in the last four sessions.
On the other hand, this is not entirely positive , as the upward momentum continues to be confined within the narrow limits of large-cap stocks; below that level, few stocks remain that are commanding higher valuations with relatively convincing trading volumes.
It should be noted that the latest MSCI changes will take effect after the close of trading on Friday, May 29, at which point the rebalancing will take place and the changes will be implemented on June 2, 2026 (June 1 is a holiday), with the main development being the addition of GEKTERNA to the composition of the Standard Europe benchmark index. On the evening of August 12, 2026, announcements are expected regarding the next restructuring of the MSCI indices as part of the quarterly review.
Meanwhile, the Athens Stock Exchange (ASE) and FTSE Russell announced the results of the regular semi-annual review of the composition of the FTSE/ASE indices for the period November 2025 – April 2026. CrediaBank (+0.63%) is being added to the FTSE25, while Sarantis (+0.52%) is being moved to the FTSE/ATHEX Mid Cap. The weighting factors (Capping Factors) for the shares included in the indices will be calculated based on the closing prices of the trading session on Friday, June 12, 2026. All changes will take effect as of the trading session on Monday, June 22, 2026.
The next announcement of the quarterly review is scheduled for August 21, 2026.
Major European markets are trading with marginal changes , as active traders monitor U.S.-Iran negotiations, corporate earnings announcements, energy price trends, and bond market yield movements.
On Thursday, the Personal Consumption Expenditures (PCE) index —both monthly and annual figures for April—will be released; the Fed monitors this index to track inflation trends.
According to the economic calendar, the ECB’s upcoming meetings and announcements regarding its monetary policy are scheduled for June 11, July 23, September 10, October 29, and December 17, 2026.
The Fed’s corresponding meetings are scheduled for June 17, July 29, September 16, October 28, and December 9, 2026.
“Financial markets face the risk of a sudden and significant correction, as investors downplay threats stemming from factors such as war with Iran,” warned the European Central Bank.
A slight decline in yields is observed in the bond market. More specifically, the yield on the U.S. 2-year bond has fallen to 4.04%, the yield on the corresponding 10-year bond to 4.47% (the yield on the 30-year bond stands at 5.01%), and the yield on the Greek 10-year bond to 3.615%.
Staying with government bonds, the yield in today’s auction of 26-week Treasury bills, totaling €400 million, stood at 2.21%, as announced by the PDMA. In the previous auction, the yield was 2.12%. Total bids amounted to €1.047 billion, oversubscribing the amount offered by 2.62 times.
The General Index remained in positive territory throughout the day, reaching a daily high of 2,374.97 points (+1.17%). At 5:00 p.m., it stood at 2,368.77 (+0.9%) and closed at 2,370.04 points, with daily gains of 0.96%.
Turnover stood at 344.8 million, of which 38.4 million related to pre-arranged trades (OPTIMA, ALWN, TITC, BOCHGR, ARAIG, PPA, PPC, ALFA, EUROB, ELTON, PIR, ETE, AIA), with DEI and PIR accounting for 41% of the total gross trading value.
In the stock of PPC accounted for 24.3% of turnover.
Of the total turnover of 344.8 million, 321.7 million relates to transactions in FTSE 25 shares.