The banking index closed the week with a fall of 8.53%.
The stock market closed with significant losses of 4.31% last week, following the international negative climate.
Markets around the world are being shaken by a strong sell-off as central banks move particularly aggressively to curb rising inflation.
Investors are abandoning equity securities as interest rate hikes by leading central banks to curb inflation, led by 0.75% increase from the Fed, the largest since 1994bring to the forefront concerns about growth, with analysts not ruling out the possibility of a recession in both the US and the eurozone.
Most analysts estimate that the shares will continue to fall and the markets will enter a “bear market”.
According to a BofA survey involving 300 global fund managers with total assets of $ 834 billion, the US market is officially entering the bear market, the 20th of the last 140 years.
The General Price Index closed the week at 825.41 points, compared to 862.55 points of the previous week, recording a fall of 4.31%, from the beginning of June it falls to 7.33%, while from the beginning of the year it falls 7 , 60%.
The index of high capitalization FTSE / ASE 25 closed the week with a fall of 4.43% and since the beginning of 2022 records a decrease of 7.54%, while the index of FTSE MID CAP closed with a fall of 5.62% and since the beginning of the year notes fall 14.55%.
The banking index closed the week with a fall of 8.53%.
The total value of transactions in this week’s meetings amounted to 445.305 million euros, while the average value of transactions amounted to 111.326 million euros, from 63.071 million euros last week.
The total market capitalization this week decreased by 2.076 billion euros and amounted to 59.877 billion euros, while since the beginning of the year it has decreased by 6.215 billion euros.
