Greek equities ended the trading day modestly weaker on Wednesday, with the Athens General Composite finishing down 0.07% at the close in Athens. Losses were concentrated in the Telecoms, Household and Basic Resources sectors and outnumbered the winners across the exchange.
Top performers
- Piraeus Port Authority SA (AT:OLPr) was the session's strongest performer, climbing 6.51% or 2.55 points to settle at 41.70.
- Kri-Kri Milk (AT:KRIr) advanced 4.48% or 1.30 points to close at 30.30; the shares reached an all-time high in the session.
- Alter Ego Media SA (AT:AEMr) added 4.40% or 0.25 points, finishing the day at 5.93.
Heavier movers
- Fourlis Hld (AT:FRLr) was the weakest among the cited names, sliding 2.00% or 0.10 points to end at 4.66.
- Optima bank SA (AT:OPTIMAr) fell 1.84% or 0.19 points to close at 10.15.
- Orilina Properties AEEAP (AT:ORILINAr) dipped 1.61% or 0.01 points to finish at 0.86.
On the Athens Stock Exchange overall, declining issues outnumbered advancing ones by 61 to 48, while 23 stocks finished unchanged.
Commodities and currencies
Commodity markets showed notable weakness during the session. Gold Futures for August delivery were reported down 2.91% or 120.65 to $4,028.75 a troy ounce. In energy markets, Crude oil for August delivery declined 4.63% or 3.39 to $69.82 a barrel, and the September Brent contract fell 4.27% or 3.28 to $73.52 a barrel.
Currency moves included EUR/USD, which the report records as unchanged at 1.13 with a 0.37% notation, and EUR/GBP unchanged at 0.86. The US Dollar Index Futures was higher, up 0.29% at 101.47.
Market context and implications
The session featured a mixed picture in which a handful of stocks posted double-digit percentage moves in relative terms, while sector-level weakness across Telecoms, Household and Basic Resources weighed on the overall index. Breadth favored declines, and commodity weakness combined with a firmer dollar during the session.
Data notes
All price moves, percentages and closing levels are presented as reported at the Athens close on Wednesday. Where intraday highs were recorded, such as the all-time high for Kri-Kri Milk (AT:KRIr), those outcomes are noted as reported.