For the Athens Stock Exchange, 2011 was the second worst year in the past 20 years after 2008. The basic price index ended with heavy losses, reaching its lowest levels in the past 19 years, while the index with the highest capitalization FTSE 20 and the banking index recorded a new historical low.
The basic price index ended 2011 at 680.42 points compared with 1,413.94 points at the end of 2010, a decline of 733.52 points or 51.88%.
The highest value of the base index in 2011 reached 1,747.17 points, while the lowest was 641.85 points.
In 2011, the total stock market capitalization reported a decrease of 27,633 billion euro, reaching 27,302 billion euro at the end of 2011 compared with 54,935 billion euro at the end of 2010.
The FTSE/ASE 20 index ended with losses of 60.05%, while the FTSE/ASE 40 index ended with a decline of 57.33%. The FTSE/ASE SMALL CAP 80 index ended with a decline of 37.80%.
Healthcare indexes and banking indexes registered the biggest annual losses.
INDEX CHANGES in 2011:
BASIC INDEX - 51.88% drop
FTSE 20 - 60.05% drop
FTSE 40 - 57.33% drop
FTSE 80 - 37.80% drop
INSURANCE - 17.83% drop
INDUSTRIAL GOODS AND SERVICES - 28.92% drop
TRADE - 35.69% drop
CONSTRUCTION AND MATERIALS - 43.14% drop
MEDIA - 40.60% drop
OIL - NATURAL GAS - 0.77% drop
PERSONAL AND HOUSEHOLD GOODS - 34.18% drop
RAW MATERIALS - 32.47% drop
TRAVELLING AND ENTERTAINMENT - 49.52% drop
TECHNOLOGIES - 57.43% drop
TELECOMMUNICATIONS - 53.02% drop
BANKS - 78.99% drop
FOOD and DRINKS - 29.64% drop
HEALTH - 82.60% drop
UTILITIES - 60.36% drop
CHEMICAL PRODUCTS - 26.81% drop
FINANCIAL SERVICES - 44.16% drop