The benchmark at Athinon Avenue lost over 60 points and the market’s capitalization shrank by some 4 billion euros.
The Athens Exchange (ATHEX) general index closed at 888.31 points, shedding 6.42% – the biggest daily decline in almost two years – from Wednesday’s 949.22 points. The large-cap FTSE-25 index contracted 6.63%, ending at 2,165.12 points.
The banks index nosedived 8.88%, as Eurobank plummeted 10.80%, Piraeus sank 10.53%, Alpha fell 7.41% and National parted with 7.36%. Sarantis gave up 12.82% and Viohalco contracted 10.35%.
In total, 102 stocks took losses, six remained unchanged, and only one, Nakas, posted an increase, by 1.82%.
Turnover amounted to €162.3 million, up from Wednesday’s €70.4 million.