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.

The Athens Stock Exchange 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%).

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 emerged as the international champion of returns.

In the first two months, the total market capitalisation increased by 10.603 billion euros.

The main stock market index rose by 4.19% in February, 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 developed market group.

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