Economy

Diving in the Stock Exchange: Opening with a fall of 2.81%

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At the center of the liquidations are the banking shares leading the market below the levels of 840 units.

Share prices are under strong pressure at the opening of today’s stock market session, after yesterday’s “sell-off” on Wall Steet, as the significant rise in US inflation has intensified concerns about aggressive interest rate hikes by the Fed.

At the center of the liquidations are the banking shares leading the market below the levels of 840 units. The General Price Index at 11:00, stands at 838.33 points, recording losses of 2.81%.

The value of the transactions amounts to 12.35 million euros.

The index of high capitalization decreased by 2.95%, while the index of medium capitalization decreased by 2.82%.

All high-capitalization shares recorded losses and the largest decline was recorded by the shares of Eurobank (-4.71%), Ethniki (-4.53%), Piraeus (-4.47%) and Alpha Bank (- 4.45%).

All sub-indices are declining and the biggest losses are recorded by the Banking (-4.38%) and Technology (-3,415) indices.

Only 3 stocks are up, 71 are down and 5 are flat.

Only the shares record rise: Kloukinas – Lappas + 2.05%, Mouzakis + 1.61% and Inform Lykos + 1.19%, while the biggest drop is recorded by the shares: Kekrops -7.69% and Ilida -7.36 %.

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