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2011 - the second worst year for the Athens Stock Exchange in 20 years

31 December 2011 / 12:12:51  GRReporter
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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

 

Tags: Athens Stock ExchangeLossesDropBasic price indexIndexes
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