Lenders at Record Low Drag Greek Equities Down for Second Day
Athens Stock Exchange Reopens After A Five Week Suspension
Kostas Tsironis/BloombergThis article is for subscribers only.
Greek lenders fell to their lowest levels since at least 1995, sending the nation’s stocks lower for a second day.
Piraeus Bank SA slumped 30 percent, the daily maximum allowed by the Athens Stock Exchange. Eurobank Ergasias SA and Alpha Bank AE also tumbled that much, while National Bank of Greece SA fell 28 percent.