Athens stock index closes at session high of 2,642.07 points, led by banks

Athens bourse closes at its high of the day

The Euronext Athens General Index closed Tuesday, 10 November 2026 at 2,642.07 points, up 1.24%, at its highest level of the session. Outlets reported turnover between 406.57 and 406.71 million euros, with 49,862,306 shares changing hands. The large-cap index rose 1.42% while the mid-cap index edged up 0.03%. It was the second straight session of gains, after the index rose 2.2% on Monday, 9 November and moved back above the 2,600-point mark.

Banks lead the advance

The banking index gained 1.86% to close at 3,215.96 points and carried the wider market. Optima Bank rose 4.53% and Alpha Bank 3.20%, while Eurobank added 1.99%, Piraeus and CrediaBank 1.52% each, National Bank of Greece 1.08% and Bank of Cyprus 1.03%. Among non-bank blue chips, Viohalco climbed 5.19% and HELLENiQ ENERGY 4.00%, while Allwyn fell 2.73% and Motor Oil slipped 0.50%. UBS, in a new report, called the recent correction in Greek bank shares excessive and put the banks at 8.3 times estimated 2028 earnings, against 8.5 times for European banks and 8.8 times for banks in Spain and Portugal.

Viohalco5.19%

Optima Bank4.53%

HELLENiQ ENERGY4%

Alpha Bank3.2%

GEK TERNA2.98%

Elvalhalcor2.92%

Aegean Airlines2.37%

Viohalco

5.19 %

Optima Bank

4.53 %

HELLENiQ ENERGY

4 %

Alpha Bank

3.2 %

GEK TERNA

2.98 %

Elvalhalcor

2.92 %

Aegean Airlines

2.37 %

Data from the article text

Oil prices and Wall Street set the tone

Brent crude slipped to near 90 dollars a barrel, with one outlet reporting it dipped below that level. US President Donald Trump said the war with Iran could be nearing its end, and that prospect, alongside the fall in oil prices, pushed European investors toward risk. Wall Street had opened lower after October US inflation came in above expectations, reviving concerns that the Federal Reserve could raise interest rates. The October US inflation rate was reported at 5.7%, while the US market had recovered by at least 2% in the previous overnight session.

European markets rise

European indices also gained in the same session. The pan-European Stoxx index rose 0.40% to 659.14 points, while London's FTSE 100 gained 0.09% to 10,778 points and Frankfurt's DAX added 0.47% to 26,390 points. Paris's CAC rose 0.55% to 8,278 points, Milan's FTSE MIB gained 0.76% to 48,892 points and Madrid's IBEX 35 climbed 1.21% to 19,981 points. An earlier intraday report had put the German, Spanish and Italian indices above 1%, but the later readings show smaller gains.

Stoxx0.4%

FTSE 1000.09%

DAX0.47%

CAC0.55%

FTSE MIB0.76%

IBEX 351.21%

Stoxx

0.4 %

FTSE 100

0.09 %

DAX

0.47 %

CAC

0.55 %

FTSE MIB

0.76 %

IBEX 35

1.21 %

Data from the article text

Coca-Cola HBC and the technical outlook

Coca-Cola HBC remained in focus after losing 4 billion euros over two sessions in the week of 2 November, with its shares down 18%. A denial of reports that it had been asked to nationalise part of its Russian business offered partial relief. Technical analysis flags the 50-day moving average, at 2,615 points, as the first target for the index, and a move above it would reverse the negative short-term trend. Support sits near 2,513 points if the market turns lower again.