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Greek Stock Spectacle Means Less and Less to Europe Traders

The stock price ticker screen is filmed following the reopening of the Athens Stock Exchange in Athens, on Aug. 3, 2015.

The stock price ticker screen is filmed following the reopening of the Athens Stock Exchange in Athens, on Aug. 3, 2015.

Photographer: Kostas Tsironis/Bloomberg
Updated on

The plunge in Greek equities that’s erased $10 billion in market value this week is stirring up little concern among European investors.

The nation’s equities have tumbled 15 percent since the Athens Stock Exchange reopened on Monday, with banks hovering near record lows. In contrast, the Stoxx Europe 600 Index rose 0.9 percent, buoyed by what JPMorgan Chase Co. said is the best earnings season in at least six years.