Politis

Market Recovery Following Three-Day Losing Streak

Published March 10, 2026, 17:17
Market Recovery Following Three-Day Losing Streak

Markets, including the Athens Stock Exchange and major European bourses, rebounded today after three days of losses. The General Index in Athens rose by 3.62% to 2,178 points, while the Stoxx 600 gained 2.2%. This increase is linked to monitoring developments in the Middle East and the decrease, although not complete, in oil prices. Asian markets also showed recovery, with South Korea's Kospi opening up more than 5%. Other indices in Asia, such as Japan's Nikkei 225 and Hong Kong's Hang Seng, also recorded significant gains. The fall in oil prices, following statements by President Trump regarding the possible maintenance of oil flow through the Strait of Hormuz, played a significant role in the market recovery. Brent crude oil fell 6.8% to $92.25 a barrel, while US crude oil also fell 6.8% to $88.31 a barrel. However, oil prices remain elevated compared to previous levels, having soared above $100 on Monday. The situation remains fluid and investors are closely monitoring geopolitical developments and their impact on energy prices.