Athens Stock Exchange opening: Big losses

Equity prices were falling on Thursday on the Athens Stock Exchange (ASE), with the basic share price index down 4.15 percent, standing at 591.99 points at 11.00 am and turnover at 20.48 million euros.

The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was down 4.21 percent and the FTSE/ASE Mid Cap index was down 2.70 percent.

All individual sector indices were moving downwards with the heaviest losses in Banks (-5.39 percent), Health (-4.62 percent) and in Utilities (-4.10 percent).

Of the stocks traded, 4 were up, 42 were down and 7 were unchanged.