Calamos Supports Greece
GreekReporter.comGreek NewsEconomyASE Posts Heavy Losses Amid Haircut Developments

ASE Posts Heavy Losses Amid Haircut Developments

Athens Stocks recorded heavy losses on Monday, in the wake of European Union Summit and amid feverish processes regarding the haircut on Greek bonds.
Banking index ended just above new lows, with intraday losses of 17.32% at 310.51 units.
On the board, the General Index ended at 747.08 units with losses of 4.51%, moving in negative territory throughout the trading session. Intraday losses reached 6.06%, while Greek banks fell by 16.85% at 312.27 points.
A total amount of 123 shares posted losses on Monday, while 36 rose and 117 remained unchanged, while the trading turnover stood at €47.76 million.
On the other hand, Hellenic Postbank and Piraeus lost 25.11% and 22.15%, while National Bank and Eurobank followed with losses of 20.79% and 20.25% respectively. Alpha Bank plunged by 19.74%, while Ellaktor, Marfin Popular Bank and MIG fell by 10.77%, 9.84% and 8.18% respectively.
(source: capital)

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts