The Athens Stock Exchange is pausing after reaching its highest levels in 17 years, with investors shifting into profit-taking mode.
The retreat is most pronounced in the banking sector, where shares are under pressure as traders secure gains following the recent surge.
This marks a shift from the aggressive buying that characterized the market's climb to multi-year peaks.
The broader sentiment remains buoyant, supported by positive signals from international markets.
Reports indicate that diplomatic progress toward an agreement to reopen the Strait of Hormuz has helped ease geopolitical tensions.
This development has contributed to a decline in Brent crude prices, reducing immediate supply risk concerns for global energy markets.