Greek bank stocks tumble 10.5 pct, extend post-Brexit losses

27 June 2016
718 Views

Greek bank stocks plunged 10.5 percent on Monday, extending Friday’s nearly 30 percent fall, as pressure on the European banking sector continued after Britain’s decision to leave the European Union.

The Athens bourse’s banking index was underperforming the broader Greek equities market which was down 3.03 percent.

Shares in Piraeus Bank, Greece’s largest lender by assets, were losing 7.4 percent, with Eurobank down 12.6 percent.

European bank stocks also extended post-Brexit losses on Monday, putting the sector on track for its worst 2-day drop ever.

You may be interested

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths
GREECE
shares25 views
GREECE
shares25 views

Coronavirus Greece: 2,845 new cases, 165 intubated, 12 deaths

makis - Jul 30, 2021

Greek authorities announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,845, of which…

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths
GREECE
shares32 views
GREECE
shares32 views

Coronavirus Greece: 2,696 new cases, 157 intubated, 9 deaths

makis - Jul 29, 2021

Greek authorities announced today that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,696, of…

Greek real estate market still strong despite Covid-19 pandemic, report shows
FINANCE
shares37 views
FINANCE
shares37 views

Greek real estate market still strong despite Covid-19 pandemic, report shows

Panos - Jul 29, 2021

The Greek real estate market is demonstrating resilience in 2020 despite the fact that the pandemic had an overall negative impact on the…

Leave a Comment

Your email address will not be published.