ATHEX: MSCI shake-up rattles local stock market

On Thursday, stocks on Athinon Avenue declined as traders showed limited interest despite the release of corporate results. The atmosphere remained volatile, affecting investor momentum.

Market Performance Overview

The Athens Exchange (ATHEX) general index closed at 1,998.38 points, down 0.80% from Wednesday’s 2,014.47 points. The large-cap FTSE-25 index slipped by 0.79% to 5,042.06 points, while mid-cap stocks gained a slight 0.10%.

Sector and Stock Highlights

The banks index fell 1.05%, with National dropping 4.40%, Optima easing 2.15%, and Bank of Cyprus retreating 1.26%.
Alpha Bank stood out with a 1.40% gain.

MSCI Index Changes

The exclusion of Metlen from the MSCI Standard Greece index, due to its transfer to the London Stock Exchange, and the addition of Cenergy Holdings and Viohalco to the MSCI small-cap index, dominated the trading day.

Metlen declined 5.87%.
Cenergy Holdings advanced 3.24%.
Viohalco rose 5.09%.

Trading Statistics

In total, 41 stocks gained, 61 declined, and 21 remained unchanged. Turnover reached 281.2 million euros, higher than Wednesday’s 198.5 million euros.

Cyprus Market

In Nicosia, the general index of the Cyprus Stock Exchange slipped 0.13% to close at 280.45 points.

Author’s summary: Greek markets fell amid MSCI reshuffling, with investors cautious despite higher turnover and selective gains in smaller-cap stocks.

eKathimerini.com — 2025-11-06