Stock Markets May 22, 2026 10:50 AM

Athens shares tick up as construction, travel and banking names lead gains

Athens General Composite closes up 0.25%; ADMIE hits a record while mixed commodity moves accompany trading

By Nina Shah

The Athens market ended Friday with a modest gain, driven by advances in construction, travel and banking stocks. The Athens General Composite closed 0.25% higher as more than three times as many issues rose than fell. Key movers included Holding Company ADMIE IPTO SA, which climbed to an all-time high, alongside strong showings from Intracom and Cenergy. Several energy-related names finished lower amid mixed commodity price action.

Athens shares tick up as construction, travel and banking names lead gains

Key Points

  • Athens General Composite closed up 0.25%, led by gains in construction, travel and banking sectors.
  • Holding Company ADMIE IPTO SA (AT:ADMr) rose 7.53% to 3.64 and reached an all-time high; Intracom (AT:INRr) and Cenergy (AT:CENEr) also posted strong gains.
  • Energy and utilities names including Public Power (AT:DEHr), HELLENiQ ENERGY (AT:HEPr) and Noval Property (AT:NOVALr) were among the session's biggest decliners; commodity moves were mixed with oil higher and gold lower.

Greece's main equity gauge finished higher on Friday, with the Athens General Composite closing up 0.25% as sector-level strength in construction, travel and banking supported the session.

The top performers on the index included Holding Company ADMIE IPTO SA (AT:ADMr), which advanced 7.53% or 0.26 points to finish at 3.64, moving to an all-time high in the process. Intracom Holdings SA (AT:INRr) rose 5.73% or 0.20 points to close at 3.69, while Cenergy Holdings SA (AT:CENEr) gained 4.98% or 1.18 points to end the day at 24.88.

On the downside, Public Power (AT:DEHr) led laggards after sliding 3.56% or 0.76 points to 20.60 at the close. HELLENiQ ENERGY Holdings SA (AT:HEPr) dropped 3.17% or 0.32 points to finish at 9.78, and Noval Property Real Estate Investment Co (AT:NOVALr) declined 2.26% or 0.06 points to 2.59.

Market breadth favored advancers: 76 stocks rose versus 39 that fell, and 17 were unchanged on the Athens Stock Exchange.


Market and commodity moves

Commodities displayed mixed performance. Gold futures for June delivery declined 0.82% or 37.35 to $4,505.15 a troy ounce. In oil markets, crude for July delivery rose 1.20% or 1.16 to $97.51 a barrel, while the July Brent contract climbed 1.48% or 1.52 to $104.10 a barrel.

Currency and index readings were muted overall. EUR/USD was reported at 1.16 with a 0.21% figure noted in the data, and EUR/GBP was shown at 0.86 with 0.16% noted. The US Dollar Index Futures was up 0.21% at 99.32.


What the session shows

The close underlines selective strength among mid- and large-cap Greek names, particularly in infrastructure and engineering firms, while several energy-related stocks and a utilities company weighed on the downside. The market finished with a modest net gain, with ADMr standing out by reaching record levels.

Note: All price moves, percentages and closing levels are reported as presented at the close of trading.

Risks

  • Concentration of gains in a few names - sector impacts include construction and travel benefiting while energy and utilities underperformed.
  • Volatility in commodity prices - oil rose and gold fell, which can influence energy and resource-sensitive stocks.
  • Market breadth remains uneven - although advancers outnumbered decliners, a sizable number of stocks fell, indicating potential rotation or selective weakness across sectors.

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