Buyers on the Greater Greek stock market had a response to Monday’s imported liquidations today, bringing the General Index back to the 1,520-market edge. The bullish trends “spread” across the board, with the rotation in the leading securities working beneficially.

Specifically, in Tuesday’s (4/2) session, the General Index gained 13.32 points or +0.88% to close at 1,520.82 points, close to the daily high of 1,521.98 points. The day’s low was found at 1,512.67 points. At +3.48% the index’s return is set from the start of 2025.

Piraeus was the standout among the shares of the systemic banks today. As for the blue chips, Jumbo, AIA and PPC recorded strong growth. Attica Bank moved higher by at least +5%. Coca Cola made a new rally, which “climbed” to a 6-year high.

A number of pre-agreed transactions took place after 16:00 on the X.A. and concerned Trade Estates. In particular, 34 packages of a total of 19.3 million pieces and worth 28.9 million euros were passed. They changed hands at a price of EUR 1.5, which is a significant discoint compared to the current share price. In the wake of the above transactions, the related Fourlis stock recorded a “jump” of more than +2%.

Trump’s tariffs remain the focus of attention

Athens “feared” the possibility of a generalized trade war, while domestically the intense seismic activity in the Cyclades has raised concerns about tourism bookings. Today buyers had the first say, “building” again a safe distance from the 1,500 support point.

At the same time, the mood on foreign stock markets changed after the agreements to suspend US tariffs for a month in Mexico and Canada. Investors are still assessing the scenarios on the impact of the tariffs and the possibility of a new set of measures being announced by the US. The 10% surcharges on Chinese imports took effect today, while Beijing responded with tariffs on US hydrocarbons.

All eyes remain on the pending takeover deal of Ethnikis Insurance by Piraeus Group. Talks between the bank’s management and CVC are in full swing. According to this morning’s newmoney report, reliable sources say that Piraeus Bank will announce the proposal when it takes place.

The 43.48 million new shares of Aktor, resulting from the €200 million share capital increase, were traded today. The OASIS code was also changed to “AKTR” from “INKAT”. It is recalled that on Monday the extraordinary general meeting of Ideal Holdings approved the capital repayment of EUR 0,1 per share. According to the company’s timetable, the cut-off is set for March 23 and payment will start on March 31.

Volatility in international markets

Wall Street tempered losses yesterday as the suspension of tariffs against Mexico and Canada for a month noticeably improved sentiment. Technology stocks came under the strongest pressure, with the Nasdaq closing down -1.2%. However, Chinese retaliation leaves no room for complacency. Today’s session started on a mixed note, with the Nasdaq up +1.1% and the Dow Jones marginally lower.

The “thorn” of the trade war continues to affect euro markets, which have staged a mini reaction, leaving behind intra-day losses. The Stoxx 600 is up +0.2%, followed by the major European indices (Germany – UK – France) with mixed signs, around -0.2% to +0.6%. Stock markets in Spain and Italy gain more than +1%.

Rebound “took” the Asian stock markets. Japan’s Nikkei gained +0.6% or 235 points, the Kospi in South Korea gained +1.1% and the Hang Seng in Hong Kong “climbed” +2.8%.