Stock Markets March 24, 2026

Athens Stocks Drop as Banking, Telecoms and Household Shares Slip - Composite Hits 3-Month Low

Athens General Composite falls 2.07% with bank names among the heaviest decliners; commodities and dollar futures climb

By Leila Farooq
Athens Stocks Drop as Banking, Telecoms and Household Shares Slip - Composite Hits 3-Month Low

Greek equities closed lower on Tuesday as losses in the Banking, Telecoms and Household sectors pushed the Athens General Composite down 2.07% to a fresh three-month low. Market breadth favored decliners, with notable drops in major bank and industrial names, while gold, crude oil and the US Dollar Index futures advanced.

Key Points

  • Athens General Composite declined 2.07% to a new 3-months low, driven by losses in Banking, Telecoms and Household sectors.
  • Top gainers included Evropi Holdings (AT:EVROr), Cenergy Holdings (AT:CENEr) and Gr Sarantis (AT:SRSr); biggest decliners were National Bank of Greece (AT:NBGr), Viohalco (AT:VIOH) and Avax (AT:AVAr).
  • Commodities and currency moves: Gold futures, crude oil (May) and Brent (June) rose, while the US Dollar Index futures advanced.

Greek stocks finished the trading session lower on Tuesday, with selling pressure concentrated in the Banking, Telecoms and Household sectors and the benchmark index retreating to a three-month trough.

At the Athens close, the Athens General Composite fell 2.07% to record a new 3-months low.

On the winners' list for the session, Evropi Holdings SA (AT:EVROr) was the best performer, rising 1.80% or 0.04 points to end at 1.98. Cenergy Holdings SA (AT:CENEr) added 1.68% or 0.30 points to close at 18.20, while Gr Sarantis SA (AT:SRSr) gained 1.01% or 0.14 points to finish at 13.98.

In contrast, the heaviest losses were seen in bank and industrial names. National Bank of Greece SA (AT:NBGr) led declines, sliding 4.80% or 0.63 points to close at 12.40. Viohalco SA (AT:VIOH) dropped 4.62% or 0.60 points to 12.38, and construction group Avax SA (AT:AVAr) fell 4.50% or 0.14 points to end at 2.97.

Market breadth on the Athens Stock Exchange was tilted toward sellers, with 76 stocks falling and 38 advancing; 16 issues finished unchanged.


Commodities markets showed gains during the session. Gold futures for June delivery were up 0.26% or 11.66 to $4,451.16 a troy ounce. Oil prices climbed as well: crude oil for May delivery rose 4.31% or 3.80 to $91.93 a barrel, and the June Brent contract increased 3.47% or 3.33 to trade at $99.25 a barrel.

In foreign exchange and index futures, EUR/USD was effectively flat, listed as unchanged 0.27% to 1.16, while EUR/GBP was unchanged 0.07% to 0.87. The US Dollar Index futures were stronger, up 0.52% at 99.24.


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The session left the Athens market with broad weakness led by banks and industrials, while commodities and the dollar posted gains that could influence investor sentiment going forward.

Risks

  • Sector concentration of losses - Banking, Telecoms and Household stocks suffered the largest declines, indicating sector-specific downside risk for equity investors in those areas.
  • Commodity price volatility - Notable rises in crude oil and Brent could weigh on market sentiment or input costs for energy-sensitive sectors.
  • Currency and dollar strength - The US Dollar Index futures gained, and currency moves may affect exporters, importers and investor flows in Greece.

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