Aegean Airlines

The benchmark at Athinon Avenue declined on Thursday for a third session in a row, although it actually managed to contain its losses upon closing largely thanks to the robust showing by OTE. The day's drop was partly due to the dividend that Eurobank distributed and partly because of the continued pressure on US technology stocks that has had a global impact.

Aegean Airlines' passenger traffic figures in the second quarter and the first half point to a record year.

Greek stocks retained their upward course on Friday, but the day's turnover was even lower than Thursday's, recording the smallest daily trading volume this year. Action is projected to pick up next week after the conclusion of the French elections, which appear to be holding investors back for now.

The anticipation of more interest rate cuts by the European Central Bank appears to have boosted stocks at the local bourse on Thursday, on a day with the lowest turnover in 2024, owing to the holiday in the US. Banks outperformed and remained the market's driver, though this time the rise was universal among the various sectors of listed companies.

On a day of reduced turnover, the Greek stock market recorded losses on Tuesday following two days of growth, in what seemed like a full reversal of Monday's rebound. More than just cashing in on recent gains, traders sent bank prices into a nosedive, partly due to the downgrade of JP Morgan's guidance on Greek stocks from "buy" to "neutral."

The French election result that diminished the possibility of the far-right governing alone, boosted eurozone stocks on Monday and offered the Greek bourse some much-needed fuel for further recovery, greater than last Friday's. Banks continued to drive price growth, helping Athinon Avenue make a very positive start to the year's second half.

With sales in the residential areas running, having reached almost 100% for the beachfront residences and 65% for the apartments that went on the market at the end of 2023, and the individual developments within the area gradually locking in, the pieces of the puzzle of the Hellenikon mega investment are now coming together at an accelerated pace.

Aegean Airlines has won the title of "Best Regional Airline in Europe" at the World Airline Awards 2024, for a 13th consecutive year and the 14th overall in its 25 years of operation.

It also held the second position among the best airlines in "World's Best Regional Airline 2024" and the third position in the ranking for "Best Airlines in Southern Europe 2024."

Greek islands as well as alternative European destinations or those that favor short road trips in the surrounding areas, such as Marseille, Majorca, Bordeaux and Istanbul, are in the preferences of Greek travelers for the long weekend of Pentecost.

Buyers have finally reacted to recent pressure by sellers at the Greek stock market, and on Tuesday the benchmark recorded a notable rebound, moving away from the 1,400-point level it had dangerously approached in previous days. The day's rise was bolstered by the record highs on the US bourse the day before and the mild gains in other eurozone markets.