Stock Markets November 12, 2026 10:50 AM

Athens equities slip as Telecoms, Household and Basic Resources weigh on market

Athens General Composite falls 0.59% as select large-cap names lead losses and commodity prices move mixed

By Maya Rios
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Greek stocks closed lower on Thursday, with the Athens General Composite retreating 0.59% as weakness in Telecoms, Household and Basic Resources pressured the market. Elvalhalcor, Ekter and Austriacard were among the top gainers, while Coca Cola HBC, Jumbo and Alpha Bank were the biggest decliners. Market breadth was narrowly positive, and key commodity and currency benchmarks moved modestly.

Athens equities slip as Telecoms, Household and Basic Resources weigh on market
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Key Points

  • Athens General Composite fell 0.59% at the close, weighed by Telecoms, Household and Basic Resources sectors.
  • Top gainers included Elvalhalcor (AT:ELHA) +4.77%, Ekter (AT:EKTr) +3.17% and Austriacard (AT:ACAGr) +2.78%; largest decliners were Coca Cola HBC (AT:EEEr) -3.10%, Jumbo (AT:BABr) -2.47% and Alpha Bank (AT:ACBr) -2.39%.
  • Commodities and currencies were mixed: December gold dropped to $3,869.17/oz, December crude was $86.51/bbl, Brent (Jan) rose to $93.50/bbl, EUR/USD remained near 1.11.

Greek equities ended the trading day in negative territory on Thursday, with the Athens General Composite down 0.59% at the close as losses in the Telecoms, Household and Basic Resources sectors pushed the benchmark lower.

The session’s best-performing names included Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA), which advanced 4.77% - a gain of 0.17 points - to finish at 3.63. Ekter (AT:EKTr) added 3.17%, or 0.15 points, closing at 4.73. Austriacard Holdings AG (AT:ACAGr) rose 2.78%, or 0.27 points, to end the day at 9.99.

On the downside, Coca Cola HBC AG (AT:EEEr) was the session’s largest decliner, losing 3.10% or 1.60 points to close at 50.00. Jumbo SA (AT:BABr) fell 2.47%, a drop of 0.70 points, to 27.60. Alpha Bank SA (AT:ACBr) decreased 2.39%, or 0.12 points, to finish at 4.73.

Market breadth on the Athens Stock Exchange was narrowly positive, with 57 stocks advancing, 54 declining and 20 finishing unchanged.

Austriacard Holdings AG (AT:ACAGr) recorded a notable intra-session milestone, rising to an all-time high as it closed at 9.99 after a 2.78% increase.


Commodities and currency moves on the day were mixed. Gold futures for December delivery fell 3.28% - down $131.33 - to settle at $3,869.17 a troy ounce. In energy markets, crude oil for December delivery slipped 0.02% (a decline of $0.02) to $86.51 per barrel, while the January Brent contract gained 0.80%, or $0.74, to trade at $93.50 per barrel.

In foreign exchange trading, EUR/USD was effectively unchanged, moving 0.29% to 1.11, and EUR/GBP was unchanged at 0.84, moving 0.05% on the day. The US Dollar Index Futures finished higher by 0.27% at 103.10.


Below is a concise recap of the session’s key market data and movers:

  • Athens General Composite -0.59% at close
  • Top gainers: Elvalhalcor (AT:ELHA) +4.77% to 3.63; Ekter (AT:EKTr) +3.17% to 4.73; Austriacard (AT:ACAGr) +2.78% to 9.99
  • Top decliners: Coca Cola HBC (AT:EEEr) -3.10% to 50.00; Jumbo (AT:BABr) -2.47% to 27.60; Alpha Bank (AT:ACBr) -2.39% to 4.73
  • Market breadth: 57 advancers, 54 decliners, 20 unchanged
  • Gold (Dec) -3.28% to $3,869.17/oz; Crude (Dec) -0.02% to $86.51/bbl; Brent (Jan) +0.80% to $93.50/bbl
  • FX: EUR/USD ~1.11; EUR/GBP ~0.84; US Dollar Index Futures +0.27% at 103.10

The market action underscored selective strength among industrial and materials names even as broader sector pressure left the main index lower by the close.

Risks

  • Narrow market breadth - with advancing and declining issues nearly balanced - may indicate limited participation and vulnerability to short-term swings in the Athens market (affects equity investors and sector allocations).
  • Volatility in commodity prices, notably a large decline in gold futures and mixed moves in oil contracts, could influence resource and basic materials companies listed in Greece (impacts Basic Resources and related suppliers).
  • Currency and dollar strength - modest moves in EUR/USD and the US Dollar Index Futures could affect exporters and import-dependent sectors in Greece, contributing to earnings and cash-flow uncertainty (impacts household goods and exporters).

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