The Athens Stock Exchange is trading in a highly volatile environment today, with the General Index having changed sign several times in the first few minutes of the session. The sentiment has deteriorated amid heightened geopolitical tensions in the Middle East. Air strikes between Israel and Iran are creating additional nervousness about the impact on economic growth momentum, analysts say.

As for the HA, in Monday’s (16/6) session, the General Index is down -0.17% to trade at 1,832.33 points, with the high for the day at 1,838.10 points and the low for the day at 1,825.88 points. The aim is to keep the GD above the 1,800 support point, while keeping a close distance from the 15-year highs of 1,880.

The Athens Avenue made a sharp “landing” at 1,811.30 points last Friday, in the wake of strong liquidation in global markets due to the heavy blows exchanged between Israel and Iran. Nevertheless, the General Index minimized its losses to -1.06%, showing that it is resilient to international pressures and closing near the daily high of 1,835.50 points. However, it did not escape the weekly decline, retreating -0.4%. Intra-June gains have been limited to +0.23%, and this year’s GD yield stands at +24.89%.