The General Index of Athens Stock Exchange ended at a 19-year low on Monday, losing the level of 700 units.
The Greek market continues to slide with low turnover and without resistance, as the negative climate internationally has deteriorated after Moody’s warned France that its AAA credit rating is under threat.
Moreover, press report indicated that a 12-member cross-party committee, which examines measures to shrink the U.S. budget deficit, has failed to reach an agreement.
Thus, the General Index of ASE recorded a new 19-year at 684.70 units with losses of 3.92%. It finally ended at 686 units with loses of 3.74%. This is the lowest close since January 1993.
(source: capital)
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