Stock Markets April 29, 2026 10:50 AM

Athens market edges down as Telecoms, Household and Basic Resources drag indexes

Athens General Composite slips 0.11% at close; Cenergy climbs to record highs while decliners outnumber advancers

By Leila Farooq
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Greece's stock market closed modestly lower on Wednesday, with the Athens General Composite retreating 0.11% as losses in the Telecoms, Household and Basic Resources sectors outweighed gains. Cenergy Holdings led gains and reached an all-time high, while a larger number of stocks fell than rose. Commodity and currency moves included sharp oil gains and a retreat in June gold futures.

Athens market edges down as Telecoms, Household and Basic Resources drag indexes
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Key Points

  • Athens General Composite closed down 0.11%, led lower by Telecoms, Household and Basic Resources sectors.
  • Top gainers included Cenergy Holdings (AT:CENEr) up 6.72% to an all-time high, Motor Oil Hellas (AT:MORr) up 3.68%, and Elvalhalcor (AT:ELHA) up 2.81%.
  • Decliners included Ilyda (AT:ILYr) down 4.30%, Unibios Holdings (AT:VILr) down 3.38% and Profile Syst (AT:PRFr) down 2.60%; overall 69 stocks fell versus 44 advancers and 15 unchanged.

Greece's equity market ended the session in negative territory on Wednesday, with sector losses in Telecoms, Household and Basic Resources contributing to the downward pressure on the main index.

At the close in Athens, the Athens General Composite was down 0.11%.

On an individual stock basis, the session's strongest performer was Cenergy Holdings SA (AT:CENEr), which rose 6.72% or 1.46 points to finish at 23.20. Motor Oil Hellas Corinth Refineries SA (AT:MORr) advanced 3.68% or 1.30 points to end the session at 36.60, and Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA) gained 2.81% or 0.11 points to close at 4.02.

By contrast, the weakest performers included Ilyda SA Class R (AT:ILYr), which fell 4.30% or 0.20 points to 4.45 at the close. Unibios Holdings SA (AT:VILr) declined 3.38% or 0.09 points to close at 2.57, while Profile Syst (AT:PRFr) slipped 2.60% or 0.20 points to 7.50.

Market breadth on the Athens Stock Exchange favoured sellers: falling stocks outnumbered advancing ones by 69 to 44, with 15 shares finishing unchanged.

Notably, shares of Cenergy Holdings SA (AT:CENEr) rose to all-time highs, closing up 6.72% or 1.46 at 23.20.


Commodities and currency moves accompanied the stock-market action. Gold futures for June delivery fell 1.35% or 62.19 to $4,546.21 a troy ounce. In energy markets, crude oil for June delivery climbed 5.27% or 5.27 to $105.20 a barrel, while the July Brent oil contract increased 5.04% or 5.26 to trade at $109.66 a barrel.

On foreign-exchange desks, EUR/USD was unchanged 0.19% at 1.17, and EUR/GBP was unchanged 0.05% at 0.87. The US Dollar Index Futures rose 0.21% to 98.68.

The session reflected modest net weakness in Athens, with specific winners and losers concentrated across a handful of names and sectors.

Risks

  • Sector concentration risk: losses in Telecoms, Household and Basic Resources weighed on the main index, indicating that sector-specific moves can significantly affect overall market performance.
  • Commodity price volatility: sharp moves in oil and gold prices during the session could add uncertainty for related sectors and exporters.
  • Market breadth imbalance: with more declining stocks than advancing ones (69 vs. 44), session-level weakness may signal vulnerability if selling breadth persists.

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