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Stocks dive on international uncertainties

Weak eurozone purchasing managers index data and doubts about the Fed’s policy in the US sent most European markets into negative territory on Thursday, with the Greek bourse suffering its biggest decline in two-and-a-half months.

The Athens Exchange (ATHEX) general index dropped below the 1,000-point mark, to 996.30 points, declining by 4.15 percent from Wednesday’s 1,039.49 points.

The large-cap FTSE/ATHEX-25 index slumped 4.61 percent, ending at 333.12 points.

All blue chips headed south, led by Viohalco (down 9.79 percent), Frigoglass (9.49 percent) and Marfin Investment Group (9.09 percent).

In total 30 stocks posted gains, 129 went down and 17 remained unchanged.

Turnover amounted to 84.18 million euros, up from Wednesday’s 47.8 million.

ekathimerini.com , Thursday February 21, 2013 (19:16)  
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