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Athens Stock Exchange On Edge

The General Index of Athens Stock Exchange ended at the lowest level Tuesday since November 1992, accepting new powerful pressures after yesterday’s dip.
The acrobatics of political parties in the aftermath of Sunday’s results caused a “nervous breakdown” on the board of the Greek market, as it faced the scenario of a new election period to carry out repeat elections, and this while Greece is just on the first day of the second exploratory mandate received by leftist president Alexis Tsipras today.
In the meantime, the banking industry suffered a new round of decline centered on the statements of  SYRIZA party member Stratouli, with the index completing a two day decline of 21.1%.
On the board, the General Index closed at 620.54 points, down 3.62%, moving downwards throughout the session and was declining up to 5.22% at 610.23 points.
The banking index was slumping 11.67% intraday, while the transactions closed down 9.72% at 217.87 points.
On Tuesday, the trading volume reached 39.04 million units worth 41.72 million euros, while 100 shares declined, 41 climbed and 134 remained unchanged.
(source: capital)

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