Economy

Stock Market: Immersed in deep red with losses of more than 5%

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The Greek stock market is sinking in deep red, following the international markets, which are shaken by the Russian invasion of Ulrania.

The General Index started the session at 911.41 points, falling by 4%, however gradually the decline began to deepen and around noon recorded losses of 5.20%, falling below the limit of 900 points, to 899.85 points. .

European stock exchanges

Frankfurt loses 3.2%, London 2.4%, Paris 3.1%, Madrid 2.9% and Milan 3.3%. The Nikkei was down 1.8% in Tokyo, the ASX was down 2.9% in Australia, the Chinese Shanghai Index was down 1.7% and the Chinese Shenzen Index was down 2.2%. Losses of 3.3% in Hong Kong and 2.6% in South Korea.

Brent crude traded above $ 100 a barrel for the first time since 2014. US crude jumped 5.3% to $ 96.98 a barrel while Brent crude traded at $ 102.20.

European energy prices have soared. Futures for the gas in the Netherlands jumped up 41%, while German electricity in March jumped up 31%. Prices rose throughout the week as tensions intensified for Ukraine.

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