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Athens Stock Exchange Plunges -5.09%

Athens Stock Exchange plunged on Tuesday due to the general situation within the euro zone with Spanish banks on the verge of collapse and the political uncertainty in Greece.  Today’s turbulent session concluded with the General Index at 476.36 points recording losses of -5.09% while the banking sector index declined 11.2%.

On Tuesday, the trading volume reached 40.31 million units worth 45.41 million, while 94 stocks declined,  31 rose and 150 remained unchanged.

 The downfall continued for Athens Stock Exchange without having the “brakes” to prevent it, while the Greek market remains trapped in uncertainty that is sustained by the political scenery.
The general index was moving downward in almost the whole session and recorded a new intraday low in 22 years at 471.35 points, declining up to 6.09%.
The banking index declined 11.27%. From the composition of which (as in the composition of FTSE20) the highest decline was recorded by Eurobank, Hellenic Postbank and BOC.

 The share of NBG recorded a historic low reaching 0,898 euros down 10.20%.
The General Index finally closed at the lowest level since January 3, 1990 at 476.36 points down 5.09%.

 
The banking index dropped 9.05% at 155.95 points. (capital.gr)

 

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