ATHEX headed north yesterday, underperforming the European stock markets. In more detail, the General Index rose by 0.30% at 1,731.36 units (FTSE Large Cap: +0.06%, FTSE Mid Cap: +0.83%, Banks Index: -0.34%) and the traded value was shaped at EUR 98.9m, down from Friday's EUR 191.0m. We expect ATHEX to move higher today, with Piraeus Financial Holdings in focus. Macro Headlines Greek PMI down in April The Greek PMI index recorded 53.2 points in April, a decline from 55.0 points in March. This indicates an improvement in the health of the manufacturing sector, albeit at a slower pace. Sector Headlines Energy Sector || Greek retail electricity market (EnexGroup) – April 2025 Greek retail electricity market: IPPs market share rose to 49.9% in April 2025 (according to data from Greek Energy Exchange – EnEx).