Athens equity markets reversed earlier losses to close in positive territory, driven by a renewed sense of investor confidence following a ceasefire agreement in the Middle East.
The truce, reached after a weekend of heightened tensions, provided immediate support to risk appetite, halting a wave of profit-taking that had weighed on the benchmark index earlier in the session.
Banking stocks emerged as the primary beneficiaries of the sentiment shift, posting solid gains as investors rotated back into cyclical names.
Conversely, ADMEH, the Greek power system operator, saw its shares correct lower, diverging from the broader market rally.
This sector-specific weakness suggests that while geopolitical relief is broad, individual stock dynamics and sector rotation remain active drivers of intraday price action.
The recovery in Athens mirrors a broader pattern of resilience seen in global markets over the past week.