Until 11.45 the first alternations of signs held on the ATHEX, as from that point onward the few buyers showed increased activity and with selective placements in Banks and Refineries, put the main indices of the Greek Stock Exchange in a “northern” direction.
The “profit takers” returned shortly after 16.15, turned the ATHEX indices to marginal losses and the final sign of the session was played out until the end, with the title of EEE (+2.09%), giving the final and decisive help.
Thus, the close of trading found the General Index at new 17-year highs, with the immediately higher close having been recorded on 27/10/2009 (2711.96 points).
It should be noted that the GI completed four consecutive rising sessions with cumulative gains of 2.19%.
It could be argued that today’s session also followed the beaten path of the immediately previous sessions, as transactions and interest focused on a few large-cap stocks, with the rest of the board remaining in the role of spectator, while the stocks with a negative sign “took the lead” and maintained it until the end, with whatever that may imply.
It should be noted that the new multi-year highs of the GDHA were recorded amid a cautious international climate, as Brent touched $99.5/barrel, before retreating somewhat afterwards, due to geopolitical tensions in the Middle East and increased demand from China.
On the other hand, Iran and Oman announced that they are in negotiations for the management of Navigation in the Strait of Hormuz and the reaction of the US remains to be seen.
With the new data, all market eyes are turned to Singapore, where from today until the 10th of the current month, the “Asia Pacific Petroleum Conference” of S&P Global Energy will be held, with the participation of more than 1500 Leaders of the Global Energy Market, but also to the upcoming meetings of the Central Banks.
It is recalled that according to the economic calendar, the next meetings - announcements of the ECB are scheduled for 10/9, 29/10 and 17/12/2026.
The corresponding ones of the Fed are scheduled for 16/9, 28/10 and 9/12/2026.
In this light, the announcement of the US consumer price index for August, on Friday September 11 at 15.30, acquires pivotal importance for the Fed’s decisions at the September 16 meeting. According to analysts, “this is the last critical data point before the Federal Reserve meeting next week, the outcome of which remains extremely uncertain”.
Returning to the ATHEX, more and more market participants have begun to express concern about how long the upward movement with a “closed club” of a few and alternating daily protagonists can continue, as the continuing inflows into specific stocks, with comparatively low volumes, have priced in most of the optimistic scenarios and it cannot be ruled out that the scene on the ATHEX, after September 20, may change radically”.
Indeed some, even more cautious, refer to possible excessive optimism regarding the balance of inflows - outflows, from the reclassification of the ATHEX to a Developed Market in the Stoxx and FTSE Russell indices, especially if the overwhelming part of the inflows is concentrated in the stocks of the four Systemic Banks.
On 18/9 the rebalancing is scheduled for the upgrade of the Market to Developed, from Emerging, with the ATHEX getting the “ticket” for entry into the Developed Markets from the Stoxx and FTSE Russell houses.
On the same day, the September “triple witching” in the Derivatives Market will have preceded it, so this session is suitable for “goals and spectacle” (!)
It is worth recalling that the next scheduled assessments of Greek creditworthiness will take place on: September 18, 2026: Moody's and Scope Ratings. October 23, 2026: Standard & Poor's. November 6, 2026: Fitch Ratings (completion of the annual cycle).
From the front of corporate results, today Sarantis, BriQ Properties and Fourlis announce financial figures. On Thursday, September 10, Alpha Trust Andromeda, GEVKA and Mermeren follow. By the end of September, all Listed companies should have published first-half results.
From September 9 to 11 the public offering of shares of “Star Bulk” will run for the parallel listing of the Nasdaq-listed shipping company on the Main Market of the ATHEX. The offering price will be determined by the Joint Global Coordinators in cooperation with the Company, through a book-building process, within the range of €23.00 - €25.50.
On the other hand and according to the data of the new AXIANumbers August 2026:
2251 new client accounts were created and registered intermediaries, compared with 2897 new accounts in July, while Collective Client Accounts as a whole (Registered Intermediaries’ Accounts and Insurance Accounts), hold €7.23 billion (4.48% of total portfolio value).
The Foreign Beneficiaries of Accounts recorded inflows of €50.45 million during the month of August 2026, in contrast to the Domestic Beneficiaries of Accounts who recorded outflows of €50.45 million in August 2026.
It is recalled that the Foreign Beneficiaries of Accounts recorded outflows of €159.57 million during the month of July 2026, inflows of €158.27 million during the month of June 2026 and inflows of €305.70 million during the month of May 2026, while three consecutive months of outflows from Foreign portfolios had preceded, and more specifically outflows of €80.87 million in April 2026, €60.93 million in March and €95.38 million in February 2026. The Foreign Beneficiaries of Accounts recorded inflows of €137.05 million during the month of January 2026.
The distribution of the portfolio value of Account Beneficiaries was formed at 69.48% for Foreign Account Beneficiaries and 30.52% for Domestic ones.
The Countries with the largest portfolio value (Client Accounts) for the month of August 2026 were the USA with a total portfolio value of €28.28 billion, Cyprus with a portfolio value of €15.63 billion and Luxembourg with a portfolio value of €10.52 billion.
The Foreign Beneficiaries of Accounts carried out 70.4% of total transactions (purchases & sales) in August 2026 (compared with 71.3% the previous month), while the Domestic Beneficiaries of Accounts carried out 29.6% of transactions (compared with 28.7% the previous month).
Cautiously and with marginal changes, the major European Markets continue to move, with traders monitoring Oil prices and the bond Market.
More specifically, the yield on the US 2-year note is climbing to 4.38%, to 4.8% on the 10-year, (the yield on the 30-year at 5.27% far exceeds the average dividend yield of the S&P 500). At 4.061% is the yield on the Greek 10-year note.
The General Index moved between 2699.2 (-0.12%) and 2721.8 points (+0.71%). At 17.00 it stood at 2709.64 (+0.26%) and completed trading at 2706.65 points, with daily gains of 0.15%.
Turnover at 243.6 million, of which 24.2 million concern pre-agreed transactions (ONYX, OPTIMA, CREDIA, AKTR, BOCHGR, ADMIE, EUROB, PEIR, ALPHA, GEKTERNA, PPC, ELPE, BELA), with EUROB, ETE, ALPHA and PEIR accounting for 49% of the total gross transaction value.
Of the total turnover of 243.6 million, 226.4 million concern transactions in FTSE 25 shares.