Greek stocks drop 6 per cent Monday

Greek stocks drop 6 per cent Monday

Greek stocks suffered another heavy blow in the Athens Stock Exchange on Monday, hit by global concerns over developments in a debt crisis hitting the Eurozone and worries about a double-dip recession in the US economy. The composite index of the market dropped by 6.00% to 998.24 points. Turnover fell to 84.21 million euros.

Greek stocks drop 6 per cent Monday
Greek stocks suffered another heavy blow in the Athens Stock Exchange on Monday, hit by global concerns over developments in a debt crisis hitting the Eurozone and worries about a double-dip recession in the US economy. The composite index of the market dropped by 6.00% to 998.24 points. Turnover fell to 84.21 million euros.

The Big Cap index dropped 5.84 pct, the Mid Cap index ended 4.75 pct lower and the Small Cap index fell 4.52 pct. Folli Follie was the only blue chip to end higher (2.17 pct). OTE (-10.845%), OPAP (-8.89%), PPC (-8.09%) and Coca Cola 3E (-8.09%) suffered the heaviest percentage losses of the day.

Broadly, decliners led advancers by 137 to 24, with another 27 issues remaining unchanged.

Source: ANA-MPA
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