Black Monday Archives - Keep Talking Greece

“Black Monday” in Athens Stock Exchange: sell-off with -7.8%, General Index below 500

February 8, 2016 Economy 1

Black Monday in Athens Stock Exchange with a massive sell-off. Monday’s session closed with losses 7.98% and the General Index at 464.23 units. .Shares in the banking sector plummet 24.26%. Eurobank -29.20% National Bank -28.06% Piraeus Bank -27.21% Alpha Bank -17.65% source The majority of Greek media blame the political …

Athens Stock Exchange: “Black Monday” for Greek Banks, losses at 15.86%

September 28, 2015 Economy Comments Off on Athens Stock Exchange: “Black Monday” for Greek Banks, losses at 15.86%

I don’t know what happened with the stakes of the Greek banks today. But they massively plunged 15.86% in the Athens Stock Μarket and had some local media described the day as “Black Monday” for the banks. Reason for this disaster was apparently the fear that the recapitalization of the …

Athens Stock Exchange Plunges More than -6% as EU-South on Fire

July 23, 2012 Economy 9

Athens Stock Exchange experiences sever losses on Monday morning as development in Greece, Spain and Italy lead to decline of all European markets and the Euro. As of 02:21 pm, the General Index of ASE is at 588.59 units recording losses of -6.70%. The banking sector is at -8.90%. One …

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