The Athens Stock Exchange has reached its highest level in 17 years, driven by a wave of foreign investment capital flowing into Greek equities.
The rally in the Athex Composite index was fueled by growing optimism regarding a potential de-escalation in the Middle East, which has improved risk sentiment across European peripheral markets.
This surge marks a significant reversal from recent trading sessions, where the Athens exchange had been trading lower as investors liquidated positions following a previous rally to the 2,500-point level.
That earlier pullback had reflected a broader risk-off sentiment sweeping through global equity markets, but the shift in geopolitical outlook has since attracted buyers back to the region.
Foreign investors are increasingly targeting Greek stocks, viewing the current valuation and geopolitical tailwinds as an attractive entry point.
The influx of capital has helped stabilize the market after the recent volatility, signaling a renewed confidence in the Greek economy's resilience.