| Χρηματιστήριο Αθηνών | |
 | |
 | |
| Type | Stock Exchange Bond market Derivatives market |
|---|---|
| Location | Athinon Avenue 110,Athens, Greece |
| Founded | 1876 (149 years ago) (1876) |
| Owner | Euronext (74.3%)[1] |
| Key people | George Handjinicolaou(Chairman) Yianos Kontopoulos(CEO) |
| Currency | EUR |
| No. of listings | 153[a][2] |
| Market cap | €101.5 billion[b][3] |
| Volume | €102.58 million[c][2] |
TheAthens Stock Exchange (ASE orATHEX;Greek:Χρηματιστήριο Αθηνών (ΧΑ),Chrimatistírio Athinón) is thestock exchange ofGreece, based in the capital city ofAthens.[4] It was founded in 1876. There are currently five markets operating in ATHEX: regulated securities market, regulatedderivatives market, Alternative market,carbon market (for EUAs) andOTC market.[4] In the regulated securities market investors can trade instocks,bonds,ETFs and other relatedsecurities. On thestock exchange 172 stocks are currently traded representing 166 companies. The Athens Stock Exchange is a member of theFederation of Euro-Asian Stock Exchanges.
Athens Stock Exchange fully owns theAthens Exchange Clearing House orATHEXClear, acentral counterparty clearing house, andATHEXCSD, acentral securities depository.[5]
The Athens Stock Exchange started trading in 1876. Its day-to-day running has been assigned toHellenic Exchanges – Athens Stock Exchange S.A., whose shares are listed on the exchange (Athex: EXAE). Athens Stock Exchange changed into public entity in 1918. In 1995 ASE was transformed into public limited company with the only shareholder – Greek state. Greek state sold 39.67% of the shares in 1997, and 12% in 1998 through private placement. State shares were decreased to 47.7% in 1999.[6] Thederivatives market started trading in August 1999 after Athens Derivatives Exchange (ADEX) and the Athens Derivatives Exchange Clearing House started operations.[6] In 2002 the Athens Stock Exchange and the Athens Derivatives Exchange merged to form the Athens Stock Exchange.[7]
The Athens stock exchange was closed on 27 June 2015 because of theGreek government-debt crisis.[8] It reopened on 3 August 2015 and lost more than 16% in the day's trading with certain bank stocks plummeting 30%, the daily change limit.[9][10]
On 23 August 2023, the company formedEuroCTP as a joint venture with 13 other bourses, in an effort to provide aconsolidated tape for theEuropean Union, as part of theCapital Markets Union proposed by theEuropean Commission.
On 1 July 2025,Euronext announced that it submitted a takeover offer in order to acquire Athens Stock Exchange.[11] Discussions focused on a potential all-share deal valued at approximately $470 million.[12] On 19 November 2025, Euronext announced that its voluntary exchange offer for all ATHEX shares was successful, as it obtained a controlling stake of 74,3%, and therefore completed the acquisition of Athens Stock Exchange.[13]
Until 2007, the exchange was located onSofocleous Street, in the central business district of Athens. For this reason the Exchange and Sofocleous St became synonymous with each other. It is now located in its new headquarters at 110Athinon Street, also called Kavalas Street. The exchange's trading hours are from 10:00am to 05:20pm Monday to Friday, and is closed on Saturdays, Sundays and holidays declared by the Exchange in advance.[14]
ATHEX has over 30indices. The six main indices are:Composite Index (GD),FTSE/Athex Large Cap (FTSE, also known asFTSE 25), FTSE/Athex Mid Cap Index (FTSEM), FTSE/Athex Market Index (FTSEA), FTSE/ATHEX Global Traders Index Plus (FTSEGTI) and FTSE/ATHEX Factor-Weighted Index (FTSEMSFW).[15]The Athens Composite index started trading in 1980,[16] its High 6355.04 set on 17 September 1999.
Companies listed on the exchange are regulated by theHellenic Capital Market Commission.[17] As of 2 February 2021 on the Athens Exchange 166 companies[18] are represented with 172 stocks.[2][d] TheSecurities Market has 163 stocks[2] (from 157 companies) and theAlternative Market has 9 stocks (9 companies).[19]
The stocks of the Securities Market are divided into three categories:
For a list of the companies see:List of companies listed on the Athens Exchange.
The Athens Exchange uses the symbolGD for the Composite Index.[16] TheBloomberg code for this index isASE;[16][23] theReuters code is.ATG.[16] The Composite Index was launched on 31 December 1980 (44 years ago)[16] and has 60 constituents.[16][24]
The following table shows the annual development of the Athens Composite Index since 1987.[25]
| Year | Closing level | Change in index in points | Change in index in % |
|---|---|---|---|
| 1987 | 272.47 | ||
| 1988 | 279.65 | 7.18 | 2.64 |
| 1989 | 459.43 | 179.78 | 64.29 |
| 1990 | 932.00 | 472.57 | 102.86 |
| 1991 | 809.71 | −122.29 | −13.12 |
| 1992 | 672.31 | −137.40 | −16.97 |
| 1993 | 958.66 | 286.35 | 42.59 |
| 1994 | 868.91 | −89.75 | −9.36 |
| 1995 | 914.15 | 45.24 | 5.21 |
| 1996 | 933.48 | 19.33 | 2.11 |
| 1997 | 1,479.63 | 546.15 | 58.51 |
| 1998 | 2,737.55 | 1,257.92 | 85.02 |
| 1999 | 5,535.09 | 2,797.54 | 102.19 |
| 2000 | 3,388.86 | −2,146.23 | −38.77 |
| 2001 | 2,591.56 | −797.30 | −23.53 |
| 2002 | 1,748.42 | −843.14 | −32.53 |
| 2003 | 2,263.58 | 515.16 | 29.46 |
| 2004 | 2,786.18 | 522.60 | 23.09 |
| 2005 | 3,663.90 | 877.72 | 31.50 |
| 2006 | 4,394.13 | 730.23 | 19.93 |
| 2007 | 5,178.83 | 784.70 | 17.86 |
| 2008 | 1,786.51 | −3,392.32 | −65.50 |
| 2009 | 2,196.16 | 409.65 | 22.93 |
| 2010 | 1,413.94 | −782.22 | −35.62 |
| 2011 | 680.42 | −733.52 | −51.88 |
| 2012 | 907.90 | 227.48 | 33.43 |
| 2013 | 1,162.68 | 254.78 | 28.06 |
| 2014 | 826.18 | −336.50 | −28.94 |
| 2015 | 631.35 | −194.83 | −23.58 |
| 2016 | 643.64 | 12.29 | 1.95 |
| 2017 | 802.37 | 158.73 | 24.66 |
| 2018 | 613.30 | −189.07 | −23.56 |
| 2019 | 916.67 | 303.37 | 49.47 |
| 2020 | 808.99 | -107.68 | -11.75 |
| 2021 | 893.34 | 84.35 | 10.43 |
| 2022 | 929.79 | 36.45 | 4.08 |
| 2023 | 1,293.14 | 363.35 | 39.08 |
| 2024 | 1,469.67 | 176.53 | 13.65 |
Board of Directors oversees the activity of ATHEX. The Board consists of 13 members who are elected by the General Meeting of Shareholders for a 4-year term.[26] The current Board was elected at the 20th general Meeting of Shareholders conducted on 31 May 2021.[27] The chairman of the Board is George Handjinicolaou.[26] Yianos Kontopoulos is theCEO.[28]
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37°59′25″N23°43′43″E / 37.99028°N 23.72861°E /37.99028; 23.72861
