Index

ATHEX: Slide continues for fourth day in succession

Greek stock market investors continued to brace for the worst on Wednesday in the absence of any sign of agreement between Athens and its creditors, with the benchmark chalking up a fourth consecutive day of significant losses. The bourse closed before the European Central Bank convened to discuss whether to extend local banks? emergency liquidity assistance (ELA) cash limit.

Weak lira 'hurting Turkish consumer confidence'

The volatility of the Turkish Lira is the major factor in the low levels of consumer confidence in Turkey, according to economists speaking to Anadolu Agency.

In 2010, the Turkish Statistical Institute?s Index of Consumer Confidence was at about 80. The index runs from 1 to 200, with readings below 100 indicating relative pessimism.

Athens Stock Exchange: Decline

Equity prices dropped on on the Athens Stock Exchange (ASE) at 11 a.m. on Tuesday, with the basic share price index down 0.98% at 731.01 points and turnover at 9.49 million euros.

The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was down 1.44% while the FTSE/ASE Mid Cap index was up 1.22 percent.

ATHEX: Greek stocks keep sliding

Despite early suggestions of a stock rebound, the Greek bourse eventually ended with significant losses on Monday, on extremely low trading volume, as an agreement between Greece and its creditors remained elusive. A technical glitch in the first few minutes of the session did not help proceedings either.

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