The Athens Stock Exchange recorded its 5th consecutive year of growth, having gained 10.42% in 2021, 4.08% in 2022, 39.08% in 2023, 13.65% in 2024 and 44.78% in 2025.
A performance that brings Athens to the list of the top 5 in terms of performance of international markets, especially developed ones, where the Greek stock exchange will be ranked in the coming years.
The large-cap index recorded gains of 50.6%, the mid-cap index increased by 25.04% and the bank index outperformed for the 3rd consecutive year, recording gains of 82.88%.
The upward movement of the general index was combined with the diffusion of positive performances to the largest number of stocks, as by mid-December 119 stocks recorded gains compared to 26 stocks that recorded losses. Therefore, the rise in 2025 was also diffused to many mid- and small-cap stocks, a trend that had not been recorded in 2024. At the same time, the average daily value of transactions recorded an increase in the 11-month period and at the end of November stood at 218 million euros compared to 140.2 million euros in 2024 (+55.5%).
The participation of foreign investors was consistently above 60% and peaked in September at 69.6%. The participation of foreign investors in capitalization was also similar, never lower than 66%, peaking in July, when it exceeded 71%. In all months of the first half of the year, inflows from foreign investors were recorded, reaching 454.6 million euros. However, in the five-month period from July to November, outflows of 403.2 million euros were recorded
Source of funds
In 2025, 2.6 billion euros were raised from the stock market: 1.53 billion euros from corporate bonds (Aegean, GEKTERNA, Lamda Development, Aktor Group), 242.1 million euros from new company listings (Qualco, Alter Ego Media, Fais Group and Trek Development) and 797 million euros from share capital increases (Aktor Group, Premia Properties, Ideal Holdings, Europe Holdings and Intralot). At the same time, the companies Terna Energy, SATO and VIS were delisted, with the total number of delistings since 2000 reaching 317, while 2 companies were transferred from the Alternative Market to the Main Market of the ATHEX (Real Consulting and Onyx).
127 companies are traded on the Main Market (the same as last year), 13 on the Alternative Market, while 3 companies are under surveillance and 6 are suspended following the implementation of the new ATHEX regulation.
It is recalled that the number of companies on ATHEX was 251 in 1998 and 350 in 2005, when the maximum number of listed companies was recorded.
With the market capitalization reaching 147.031 billion euros on 23/12/2025, the ratio to GDP is upgraded to 59.28% from 44.1% last year, however remaining significantly lower than the more than double European average.
Για να εμφανίζονται περισσότερα άρθρα της Ναυτεμπορικής στις αναζητήσεις σας εύκολα και γρήγορα, πρέπει να προσθέσετε το site στις προτιμώμενες πηγές σας. Μπορείτε να το κάνετε πηγαίνοντας εδώ.
