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Tag Archives: plunges

Crash in Athens Stock Exchange: -7.20 % at 2:50 p.m.

For second consequent day Athens Stock Exchange felt the pressure of uncertainty over Cyprus. While the general index was suffering losses of -5.80% at 2:45 pm on Wednesday noon, it plunged down to -7.20% by 2:50 and ‘recovered’ at -6.20% five minutes later. I really can’t tell if the sell-off of …

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Athens Stock Exchange plunges despite Cyprus deal

Athens Stock Exchange experiences a bad day hours after the Cyprus bailout deal and the statements of Eurogroup head Jeroen Dijsselbloem that Cyprus rescue plan would be applied also to other eurozone economies. As of 1 o’ clock noon Tuesday,  the General Index is down by 4.10% and below 900 …

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Mini Crash: Athens Stock Exchange Plunges -6,28%

Athens Stock Exchange suffered a mini crach on Monday, plunged by -6.28%, the General Index fell below 820 units and the banking sector with losses of 15% as Greece’s lenders refused to make any concessions on labour rights ‘reforms’ and junior coalition government partner Democratic Left insists on not voting in favor of the …

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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, …

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Athens Stock Exchange Plunged -6.92% on Referendum

The Athens Stock Exchange suffered heavy losses of -6.92% in the aftermath of the referendum announcement on the loan-agreement on Monday evening by PM George Papandreou. The General Index closed qt 782.65 unit and the total volume was 75.72 million euro. Stocks on the banking sector suffered the heaviest losses …

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Athens Stock Exchange Plunges -6.28%

A hurricane hit the Athens Stock Exchange sweeping away stocks of companies and banks. The General Index closed at – 6.28% and 730.33 untis. Banks lost -8.6% where some suffered even two-digit losses.  The concern about the postponement of the Eurogroup meeting and the delay of the 6th tranche layed heavier than …

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