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GreekReporter.com Business Athens Stock Exchange Takes 5% Plunge

Athens Stock Exchange Takes 5% Plunge

ASE_down_3The Athens Stock Exchange took a 5 percent plunge on Wednesday closing at 531 points, generating turmoil among foreign investors.
The dip in bank shares was substantial, reaching almost 14 percent for Eurobank and Piraeus Bank.
At 4:20 pm the general index was 531.69, showing a 4.76 percent drop. The day’s low was 525.68 points (-5.83 percent).
The value of transactions amounted to 60.59 million euros.
The blue chip index fell at a rate of 6.39 percent, while the mid-cap index fell at a rate of 7.13 percent.
All the shares of large capitalization took a drop, with the biggest drop noted in the shares of Piraeus Bank (-15.54 percent at 0.163 euros), Eurobank (-13,14 percent at 0.734 euros), Alpha Bank (-9,47 percent at 1.72 euros), National Bank (-7.20 percent at 0.232 euros) and PPC (-7% at 3.19 euros).
 

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