Athens Stock Exchange Falls Sharply After Elections

Athens Stock Exchange Falls Sharply After Elections

Greece’s benchmark stock index fell by more than 7 percent in early morning trading on Monday, after the country’s main parties failed to win enough votes to form a ruling coalition following elections on Sunday.
The Athens bourse was down 7.7 percent at 636.67 points by 3:36 a.m. EDT (0736 GMT), while the Greek banking index slumped by more than 19 percent, although early trading volumes were very thin.
(source: Reuters)