The Athens Stock Exchange follows the “sell-off” of shares in the international markets, which retreat amid concerns about a possible recession in the American economy.
The General Price Index at 16:40, stands at 1,330.57 points, recording losses of 7.01%.
The value of the transactions amounts to 182.45 million. euro.
The large-cap index is down 7.41%, while the mid-cap index is down 7.30%.
High capitalization shares are moving downwards and the largest decline is recorded by the shares of Piraeus (-10.19%), Eurobank (-10.11%), Aegean (-8.97%), Viohalco (-8.74 %) and Alpha Bank (-8.07%).
Only 3 stocks move up, 125 fall and 9 remain stable.
Shares are up: Medicon +2.99%, ELBE +0.94% and Moda Bango +0.29%.
The biggest drop was recorded by the shares: Intertek -13.01% and Q&R -11.79%.
Wall Street: Plunge for Dow Jones – Losses 5.1% for Nasdaq
US stocks on Wall Street opened in the red today (5/8/2024) as the sell off continues.
The Dow Jones sank 3.06% to 3,529 points, the Nasdaq sank 5.1% to 15,980 points, while the S&P 500 fell 3.4% to 5,163 points.
Minutes after the US market opened, here’s a breakdown of stocks moving in the S&P 500: More than 455 stocks are in the red, with Nvidia, Super Micro Computer and Citigroup among the index’s biggest laggards
About 20 stocks are trading higher, including Campbell Soup, Tyson Foods and ON Semiconductor.
The entire index is down more than 3.5%, the worst intra-session decline since 2022.
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