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stocks

Greek Stock Exchange Crashes at 28-Year Low, Closing at -16.23%

The Athens Stock Exchange crashed at a 28-year low, closing at -16.23 percent on Monday. The Greek stock market had been closed for five weeks, after the Greek government imposed capital controls on June 28. But the re-opening of the...

Greece Shakes Stock Markets

Markets suffered across Asia on Monday as Greece shut down its banks for a week and implemented capital controls. Only in the first hour of Monday, more than $35bn was wiped off the Australian stock market. With many international media reporting that Greece...

Bloomberg: Athens Stock Exchange Among the Worst Performers

“Among the best-performing Europe gauges in 2013 after the government carried out the world’s biggest-ever debt restructuring, Greece’s ASE Index has become one of the worst,” Bloomberg reports. The stock market is slumping 21% as lenders from Piraeus Bank...