Athens Stock Exchange opening: Big decline

Equity prices were dropping on Thursday on the Athens Stock Exchange (ASE), with the basic share price index down 2.21 percent, standing at 576.33 points at 11.00 am and turnover at 8.15 million euros.

The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was down 2.90 percent and the FTSE/ASE Mid Cap index slightly up 0.05 percent.
On individual sector indices, the biggest gains were in Chemicals (+4.42 percent) and in Technology (+1.54 percent).

The heaviest losses were in Commerce (-3.35 percent), in Banks (-3.27 percent) and in Telecoms (-2.74 percent).

Of the stocks traded, 10 were up, 36 were down and 11 were unchanged.