Investors are consolidating some of the recent strong gains today on the Greek stock market, which is showing signs of fatigue. This is the first downward session in July, with the General Index running an 8-day upward streak that has brought it close to 2,000 points for the first time in 15 years (April 2010). International developments are acting as a “drag” as the US tariffs on Canada have revived concerns about a trade war.

Specifically, in Friday’s (11/7) session, the GD retreated -0.52% to trade at 1,958.46 points, moving between 1,957.05 (daily low) and 1,965.14 (daily high). Contrary to the trend of most stocks, GEK TERNA and Motor Oil continue on a mild upward trajectory, boosted by the energy deal through the HRON-nrg merger. In fact, in the case of GEK Terna, the stock touches EUR 21 for the first time in 25 years (February 2000).

Athens Avenue recorded its 8th consecutive rise yesterday, equaling the streak it had maintained from January 4 to 15, 2024. The next best streak lasted 11 sessions and covered the period from March 29 to April 18, 2023. At the same time, it took another “step” towards conquering the 2,000 mark for the first time in 15 years, namely since April 16, 2010. The Stock Exchange is also heading towards its third consecutive week of gains, provided it does not record losses of more than -2.64% today.