Athens market retreats as global tech weakness triggers profit-taking

Greek equities pull back from recent highs, mirroring a sharp 3.5% slide in Japan's Nikkei and broader pressure on international technology stocks.

By Handelsavisen Newsroom · Automated 2026-06-23 07:47 UTC · 1 min read

The Athens Stock Exchange is trading lower as investors liquidate positions following a recent rally to the 2,500-point level.

The pullback reflects a broader risk-off sentiment sweeping through global equity markets, with technology shares bearing the brunt of the selling pressure.

5% in early trading, signaling deepening weakness in the tech-heavy Asian markets.

The retreat in Athens comes as international benchmarks faltered.

Japan's Nikkei 225 index fell sharply by 3.5% in early trading, signaling deepening weakness in the tech-heavy Asian markets.

European indices also opened under pressure, reinforcing the negative tone that has spilled over into Greek equities.

Market participants are interpreting the move as a correction after recent gains, rather than a fundamental shift in local economic conditions.