Athens Stock Exchange: Greece Stocks Nosedive As Bourse Opens After 5 Weeks

The Athens Stock Exchange plunged by 23 percent after opening on Monday as trading resumed after a five-week closure. As of 4:52 a.m. EDT, the index was down about 20 percent, having clawed back some gains. The country’s main lenders, National Bank and Piraeus Bank, fell by 30 percent, the maximum allowed by daily volatility limits. Alpha Bank and Eurobank also fell by almost 30 percent. The country’s bourse was shut five weeks ago as part of a punishing set of capital controls...

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