Greek Traders See No End to Stock Trauma

A Greek flag in Athens on July 22, 2015.

Photographer: Giannis Papanikos/AP Photo
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For Greek stock traders exhausted by yesterday’s selloff, relief may not be imminent.

Given their first opportunity to trade for five weeks, investors spent Monday selling, sending the benchmark ASE Index down 16 percent for the worst decline since at least 1987. It should’ve been worse, according to local brokers, who said routine tasks like buying and selling were often impossible due to emergency curbs enacted before the session began. The stock gauge fell 1.2 percent on Tuesday.