|
|
|
Athens News Agency: News in English, 11-11-16
CONTENTS
[01] Sharp drop of stocks at ASE
[01] Sharp drop of stocks at ASE
AMNA / Stocks suffered heavy losses for the second consecutive session at
the Athens Stock Exchange on Wednesday, with bank shares under strong
pressure amid concerns over the effects on local banks of a 50-pct
haircut in Greek bonds and the spreading of a European debt crisis.
Market sentiment was also hit by a decision by Morgan Stanley to
remove the shares of Alpha Bank, Cyprus Bank, Eurobank and PPC from
its international indices (MSCI Global Standard Indices). www.amna.gr
The composite index fell 2.41 pct to end at 717.93 points, with turnover
shrinking to 37.703 million euros. Alpha Bank (11.76 pct), Cyprus Bank
(15.63 pct), Eurobank (12.35 pct) and PPC (5.86 pct) suffered heavy
losses, while Marfin Popular Bank (11.01 pct), Piraeus Bank (8.70 pct)
and National Bank (4.30 pct) ended lower among blue chip stocks. Ellaktor
(4.24 pct) and Viohalco (1.33 pct) ended higher. AMNA
|
