BUSINESS

Greek stocks plunge after UK vote

TAGS: Stocks, Politics

Greek stocks followed their European peers at the start of Friday’s trading toward a dramatic tumble to the tune of almost 14 percent.

The Athens Exchange fell more than other continental markets in the morning due to its greater influence by credit sector stocks that have universally suffered the biggest impact from market turbulence after the UK referendum result.

All four core banks (National, Piraeus, Eurobank and Alpha) as well as Attica Bank were on or near limit-down level (minus 30 percent) after the first hour of trading at Athinon Avenue.
 

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