The Athens Stock Exchange traded in a narrow range on Monday, staying close to its highs for the year. The General Index held above 2,630 points and touched 2,640 at its intraday peak, a level the Greek market had not reached since mid-November 2009.
The index closed the session down 2.07 points, or 0.08%, at 2,632.17 points. It moved in a range of about 12 points, with a daily low of 2,628.73 and a daily high of 2,640.86. The next higher closing level on record is 2,659.40 points, reached on November 11, 2009. The Athens exchange has gained 2.43% so far in August and 24.12% since the start of the year.
Investors rotated between stocks during the session, with shares in CrediaBank and Athens Water Supply and Sewerage Company (EYDAP) standing out. EYDAP moved closer to its highs for the year, with the next levels above that last seen in January 2008. Dairy producer Kri-Kri extended its all-time record high as it awaits inclusion in the MSCI Small Cap index, pushing its market valuation above the 1 billion euro mark.
FTSE Russell Reclassification and Corporate Earnings in Focus
Greek stocks are in a phase of stabilisation as they try to absorb international shocks, with the country's historic transition to developed-market status acting as the main support. The global mood remains cautious, with appetite for risk significantly limited. Pressure on the technology sector, geopolitical tension and unclear signals from the U.S. Federal Reserve are weighing on sentiment.
Portfolios are holding back ahead of Nvidia's earnings release. Developments in the Middle East also continue to unsettle markets, despite a partial pullback in oil prices. The upcoming meeting of central bankers at Jackson Hole is expected to set the direction for monetary policy and market dynamics through the end of the week.
The Athens board is already reflecting the index restructuring by FTSE Russell, the global index provider, which marks the official start of trading for Greek stocks within a developed-market framework on September 21. That shift is keeping foreign capital inflows active, with investor interest focused selectively on banking, energy and infrastructure stocks, partly offsetting external pressure.
FTSE Russell published its new classification of Greek stocks last Friday ahead of Greece's official upgrade to developed-market status on September 21. The index changes will take effect after the close of trading on September 18.
Which Stocks Join the New Indices
The FTSE Mid Cap index will include 10 Greek stocks: Allwyn, Alpha Bank, Cenergy, Eurobank, GEK Terna, OTE, National Bank of Greece, Public Power Corporation (DEI), Piraeus Bank and Viohalco. A further 22 stocks are being added to the Small Cap index, while another 30 companies are classified in the Micro Cap category.
Earnings and Dividend Calendar
Motor Oil is due to announce its financial results for the second quarter and first half of 2026 on Tuesday, after the close of trading. Austriacard will follow on Wednesday and Allwyn on Thursday.
Qualco traded on Monday without dividend rights attached, ahead of a payout of 0.045 euro per share, or 0.04275 euro net per share. Payment is scheduled to begin on August 28. Separately, Viohalco unit Biokarpet traded with a new nominal value of 0.97 euro per share and without the right to participate in a capital return of 0.03 euro per share.
