
There are new concerns in the markets about the financial system. European stock markets to lock in heavy losses while Wall Street futures are also moving down now with hits focused on bank shares.
The general index records a loss of 2.09% at 1028.1 points, while the turnover is 15.5 million euros. The large cap index was down 2.7%, while the banking index is in the deep red at -5.1%. Eurobank and NGE are losing over 5%, with Piraeus and Alpha following with 4.9% and 4.8% respectively.
But also in Europe, the Stoxx Europe 600 fell 1.78% for the second day in a row, as the banking index lost gains made since the start of the week. In other domestic indexes, the German DAX fell 2.08% to 14,893, the French CAC 40 shed 2.12% to 6986.7 and the UK’s FTSE 100 shed about 2%, while the Milan index tumbled. more than 2.5%.
“Dive” into your stock Deutsche Bank it rose 13% earlier in Frankfurt after CDS jumped last night as concerns about the stability of European banks persisted. This is the third day of decline in shares of Deutsche Bank, whose shares have fallen more than 20% of their value since the beginning of the month.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.