Thursday, July 18 2024

Athens Stock Exchange: At the top of the global market ranking in the first 2 months of 2024

athens stock exchange

The Greek stock market concluded a positive two-month period (+10.18%) with the General Price Index emerging as the protagonist of returns among the major global indices. It ranked fourth among the major global indices after the Turkish BIST 100 (+23, 07%), the Japanese Nikkei (+17.11%) and the VN30 index of the Vietnam stock market (11.87%).

HDN Newsroom

The Greek stock market, in the first two months, performed better than the Wall Street indices (Nasdaq +7.20%, S&P 500 +6.84%, Dow Jones +3.47%), but also the largest European ones (DAX -30 +5.53%, Cac-40 +5.09%, FTSE-100 -1.33%).
In the first two months of last year, the stock market had almost doubled its profits (+21.45%) and had emerged as the champion of returns internationally.

The total market capitalization in the first two months increased by 10.603 billion euros.

The main stock market index rose in February by 4.19% and the banking index recorded monthly gains of 5.54% and year-to-date gains of 17.52%.

The success of the Athens International Airport (AIA) public offering was one of the dominant events. Its listing was the most important of the last 15 years and brought the Greek market closer to its goal of joining the group of developed markets. [ANA-MPA]