Greek Stocks Fall Below 2,600 as Bonds and Oil Rise

Banks and cyclical shares are leading the retreat. Piraeus drops 4.78%, Alpha Bank falls 4.11%, while Elvalhalcor and Viohalco lose 4.67% and 4.20%, respectively. The high-cap index slides 2.45% and the mid-cap gauge falls 1.89%, with just nine stocks higher against 100 lower and seven unchanged.

The banking names are also dominating activity, underscoring how quickly investors are rotating out of financials. Eurobank trades the most shares, with 12.18 million changing hands, while Eurobank and Piraeus account for the largest turnover at 55.25 million euros and 29.37 million euros, respectively.

Only a handful of large-cap stocks hold up. Allwyn rises 1.25% and Coca-Cola HBC edges up 0.20%, while smaller names such as Plastika Kritis and Medicon post gains. At the other end, Hxaidemenos plunges 16.67% and Moda Bango loses 9.29%.

For investors, the move matters because it shows Greek equities are being pulled into a broader European de-risking trade rather than reacting to company-specific news. If bond-market stress persists and oil stays elevated, the pressure could keep weighing on banks, exporters and domestically sensitive shares into the next sessions.