Greece’s stock market experienced a positive shift on Tuesday, fueled by notable gains across several sectors, particularly Banking, Construction, and Travel. The closing bell in Athens marked an impressive 1.24% rise in the Athens General Composite Index, elevating it to a new three-month high.
Leading the charge in this upward trend were several standout performers. Allwyn AG saw a significant increase, rising 4.11%, translating to a 0.50-point gain that brought its closing price to 12.68. Following closely, Quest Holdings enjoyed a 4.04% boost, ending the day at 7.47 after adding 0.29 points. Qualco Group SA also registered a commendable uptick of 3.89%, achieving a closing price of 5.88 after a gain of 0.22 points.
Conversely, not all stocks fared well during the session. Ellaktor SA marked a decline, dropping 2.20% or 0.03 points to close at 1.42. Additionally, Evropi Holdings SA witnessed a decrease of 2.14%, ending at 2.06, while Thessaloniki Port Authority SA lost 1.60% or 0.60 points, settling at 37.00.
The market dynamics revealed a favorable balance, with advancing stocks outpacing declining ones by a count of 63 to 54, while 15 stocks remained unchanged throughout the trading day.
In commodities trading, the prices reflected a mix of losses and gains. Gold for August delivery dipped by 0.09%, closing at $4,552.45 per troy ounce. In crude oil, the July contract saw a more significant decline of 3.07%, settling at $93.63 per barrel, whereas the August contract climbed 3.65%, reaching a price of $96.83 per barrel.
On the foreign exchange front, the EUR/USD pair showed minimal movement, remaining steady with a slight change of 0.14% to 1.16. The EUR/GBP exchange rate also held steady, recording a 0.20% change at 0.86. Meanwhile, the U.S. Dollar Index saw a slight dip of 0.11%, closing at 99.08.
