Early election talk sends Athens Stock Market crashing

Written by on January 22, 2014 in Europe - No comments

Talk of an early general election in Greece has sent the Athens Stock Exchange crashing down for a fourth consecutive session.

Delays in the privatisation of the country’s systemic banks have also played a part in the downward spiral.

The Athens Exchange (ATHEX) general index closed at 1,215.34 points, shedding 1.95 per cent from Monday’s 1,239 points.

The large-cap FTSE/ATHEX 25 contracted by 1.63 per cent to 401.11 points.

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