Banks lose 30% as Athens stock market reopens for the first time since late June The full extent of the damage caused by the Greek crisis was laid bare when the first day of stock market trading after five weeks of economic paralysis saw shares lose one sixth of their value.Bank stocks bore the brunt of a wave of pent-up selling that eclipsed anything seen in the past three decades on the Athens stock market, with three of the leading Greek financial institutions losing the maximum 30% permitted in a single day’s trading. Related: Greece debt crisis: Athens stock market ends 16% lower as manufacturing plunges - as it happened Continue reading...
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