Greece's Banks Are Now Surging Back After Yesterday's Chaos
Advertisement
After a brutal, amazing sell-off yesterday, Greece's major listed banks are surging back today.
Advertisement
After a 26.8% share price collapse yesterday, Alpha Bank is up by almost 20% today, showing just how volatile and tense Greek markets are at the moment.
All the major banks are back up, by between 8% and 20%. The overall Athens stock index is up just 3% as of 11:50 a.m GMT (6:50 a.m. GMT), showing that this really is a banking phenomenon.
Here's how it looks for Alpha Bank:
Advertisement
It's just not quite enough to erase three solid days of double-digit sell-off.
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24
- PM Modi and Bill Gates discuss AI, climate change, millets and more
- Consuming excessive salt and inadequate potassium, protein is making North Indians prone to life-threatening diseases: Study
- Upcoming cars and two-wheelers launching in India in April 2024
- Ice melt in Antarctica and Greenland is slowing Earth's rotation, affecting timekeeping: Study