Because bank shares are around a fifth of the Athens Stock Exchange
, they dragged down other sectors with them into the red.
BANK OF Cyprus (BoC) said on Monday it expected its shares to re-list on the Cypriot and Athens stock exchanges
by the end of October.
BIG BANKING EXPOSURE Betting on the Athens stock exchange
is mostly a play on a recovery in Greek banks, which comprise about 40 percent of the benchmark index, compared with 20 percent in 2012.
On Monday morning, the Athens Stock Exchange
plunged nearly 5 percent.
The two lenders have been in merger talks for months, a source said, adding, 'If everything goes well, and there are no last-minute problems, the boards of the two banks will meet Monday, shortly before the opening of the Athens Stock Exchange
Huseyin Erkan said at a meeting to promote the GT-30 Index that the GT-30 was a customized index, created as a result of the cooperation of the Istanbul Stock Exchange, Athens Stock Exchange
(ATHEX) and STOXX Ltd.
Summary: One person has been injured after a car bomb exploded outside the Athens stock exchange
INTRACOM SA is listed on the Athens Stock Exchange
since 1990 and included in the FTSE/ASE-20 LargeCap index.
Nevertheless, the benchmark Athens Stock Exchange
General Index, one of Europe's smallest by market capitalisation, is up 24% since the start of 2013, beating gains of 15% on Germany's DAX and 11% on the pan-European FTSEurofirst 300 index.
This could follow the pattern of the 2009 bubble on the Cyprus stock exchange or the MIG bubble on the Athens stock exchange
, which wiped out Laiki Bank's capital base.
Nevertheless, the Athens Stock Exchange
General Index rose 3.
In midday trading, shares on the Athens Stock Exchange
were up 3.