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Athens Stock Exchange Hits New Low

After five consecutive declining sessions and a total weekly loss of 11.81%, the General Index of Athens Stock Exchange ended today at the lowest level since early January 1990.
As the scenarios of Greece exiting the euro zone continue, the Greek market is “trapped” in an extremely negative sentiment, both within and outside the country, which so far does not allow even a short-lived technical upward reaction.
In recent meetings, the “baton” of loses passed to non-bank securities of large capitalization. It has to be noted that for the whole week, FTSE20 lost 12.57% versus 6.95% of the banking index.
On the board, the General Index closed 3.45%, down at 485.18 points, near the day’s low (-3.67% to 484.09 points). The traded volume reached 29.55 million units worth 32.94 million, while 65 shares declined, 55 supported and 155 remained unchanged.
(source: capital)

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