Stock Markets May 8, 2026 10:50 AM

Athens bourse closes lower as Telecoms, Household and Basic Resources drag index down

Athens General Composite ends session down 1.11% as winners are outnumbered by decliners; commodity and currency moves add to market backdrop

By Nina Shah

Greece's main stock index finished lower on Friday, with the Athens General Composite slipping 1.11% as losses in the Telecoms, Household and Basic Resources sectors pressured the market. Advancers were outpaced by decliners, while select large-cap names posted notable moves. Commodity and currency shifts provided additional context to the trading session.

Athens bourse closes lower as Telecoms, Household and Basic Resources drag index down

Key Points

  • Athens General Composite closed down 1.11%, led lower by Telecoms, Household and Basic Resources sectors.
  • Ellaktor (AT:HELr), Elvalhalcor (AT:ELHA) and Dimand (AT:DIMANDr) were the top gainers, while HELLENiQ ENERGY (AT:HEPr), Allwyn (AT:ALWr) and Jumbo (AT:BABr) were the largest decliners.
  • Market breadth was negative - 73 falling stocks versus 41 advancing, with 17 unchanged; commodities and FX moves provided additional context.

Market close overview

Greece's equity market closed in negative territory on Friday, with the Athens General Composite falling 1.11% at the end of trading. Sector-level weakness in Telecoms, Household and Basic Resources contributed to the downward session.

Top performers

The session's strongest performers on the Athens General Composite included Ellaktor SA (AT:HELr), which advanced 6.77% - a gain of 0.09 points - to finish at 1.45. Elvalhalcor Hellenic Copper and Aluminium Industry SA (AT:ELHA) rose 2.61%, or 0.12 points, to close at 4.72. Dimand Societe Anonyme for Real Estate Constructions (AT:DIMANDr) added 1.56%, an increase of 0.20 points, to end the day at 13.00.

Largest decliners

On the downside, HELLENiQ ENERGY Holdings SA (AT:HEPr) led losses, falling 4.31% or 0.43 points to settle at 9.43. Allwyn AG (AT:ALWr) declined 4.05%, a decrease of 0.52 points, to 12.31, while Jumbo SA (AT:BABr) dropped 3.08% or 0.70 points to finish at 22.00.

Breadth and activity

Decliners outnumbered advancers on the Athens Stock Exchange by 73 to 41, with 17 issues unchanged at the close. That distribution underscores a session in which more names fell than rose across the market.

Commodities and energy

In commodity markets, June Gold Futures climbed 0.36% - an increase of $16.90 - to $4,727.80 per troy ounce. Crude oil for June delivery rose 0.49% or $0.46 to $95.27 per barrel, while the July Brent contract gained 1.31% or $1.31 to trade at $101.37 per barrel.

Currencies and dollar index

On the foreign-exchange front, EUR/USD strengthened 0.45% to 1.18. EUR/GBP was effectively unchanged, moving 0.09% to 0.86. The US Dollar Index Futures declined 0.16% to 97.79.

Research and valuation tool note

For investors following Jumbo SA (AT:BABr), an available Fair Value calculator applies a blend of 17 industry valuation models to estimate value. The tool is presented as a way to assess whether BABr or other stocks may be trading below intrinsic levels and to screen for potential investment opportunities across numerous names.


This report summarizes key market movements at the close of trading in Athens and highlights individual stock performance, sector pressure, and relevant commodity and currency shifts that framed the session.

Risks

  • Uneven market breadth - more decliners (73) than advancers (41) could signal continued downward pressure across multiple sectors, including Telecoms, Household and Basic Resources.
  • Movements in commodity prices (oil and gold) introduce uncertainty for energy and materials-linked names, as crude and Brent both rose during the session.
  • Exchange-rate fluctuations - EUR/USD strength and a weaker US Dollar Index may affect exporters, importers and earnings converted to euros.

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