Pages

Monday, January 5, 2015

Athens Stock Exchange Falls More Than 5% Amid Election Fear

The Athens Stock Exchange (ASE) general index closed at 789.20 points, shedding 5.63% from Friday’s 836.24 points, a sign of investors’ jitters three weeks away from a snap election that has raised fear about the future of Greece’s economy and whether the country will remain in the Eurozone. The large-cap FTSE/ATHEX 25 index contracted 5.70% to end at 252.70 points, though small-caps dropped no more than 0.23%. In total, 22 stocks reported gains, 93 sustained losses and 14 remained unchanged. Turnover amounted to 60.6 million euros, against last Friday’s 29.3 million.


READ THE ORIGINAL POST AT greece.greekreporter.com