Stocks dive on Athens Exchange over fears of U.S. recession
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
Share prices plummetted 4.38 percent at the opening of trade on the Athens Stock Exchange on Monday, following the sell-off in European and international markets.
The market dropped below 1,400 points as fears of a U.S. recession drove European stock markets to a six-month low and Japan’s Nikkei crashed 12.4% at close of trade – the biggest drop in its history.
The basic share price index was down 4.38 percent at 1,368,26 points at 11:00 and turnover was 28.14 million euros.
The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was down 4.69 percent and the FTSE/ASE Mid Cap index was down 4.52 percent.
Of the stocks traded, 0 were up, 92 were down and 9 were unchanged.
source ANA-MPA
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