On Thursday, the General Index managed with difficulty to be kept marginally above 500 units, however intraday was found below the level of 500 units (-5.06%), for the first time since January 1990.
Despite the big losses that preceded, the banking index ended at a new day’s low, with all the titles completing in red territory.
For the large cap index, the losses so far in May (in 17 meetings) reached 30.88%, while at the same time the General Index slumps 28.20% for the same period and banks 30.38 %.
According to market analysts, the uncertain political situation and the limited expectations for the outcome of the new election at June 17, create a “forbidden area” for investors inside and outside the Greek board.
On Thursday, the General Index lost 4.53% at 502.52 points. Across the board, 97 stocks closed in negative territory, 35 supported and 144 remained unchanged.
The banking index ended at 194.10 points, down 5.56%.
(source: capital)
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