The Traderszone Network

Published in TZ Latest News 5 August, 2015 by The TZ Newswire Staff

Greek bank shares plunge for third day, stock market down 1.3 percent

Greek bank shares sold off sharply for the third day in a row on Wednesday, but losses were far less than in the previous sessions. The main bank sector share index (.FTATBNK) was down 20.3 percent after losing around 30 percent on Monday and Tuesday. “The market is looking for the bottom, we are not far away from it,” said Alexander Moraitakis, head of Athens-based Nuntius Securities.