Thursday, October 16, 2014
Athens Stock Exchange suffered dramatic losses for a second consecutive session yesteraday, pushing the composite index of the market 11.62 % in the last two days. The index fell as much as 10% during the session, to end at its lowest levels since July 2013. Traders said foreign funds continued their massive exit from the market on concerns over Athens’ plans for an early exit from a bailout program and the prospects of a snap general election.
Meanwhile, the yield of the 10-year Greek bond has fallen to 7.6 % reflecting the negative market sentiment.
Meanwhile, the yield of the 10-year Greek bond has fallen to 7.6 % reflecting the negative market sentiment.
