Aegrean Airlines

Stocks drop for fourth week in a row

Published by Kathimerini on Fri, 08/18/2023 - 20:48

The stock market faced a selling wave among heightened concern about the Chinese economy and fears that interest rates will stay high in both Europe and the US for some time.

The ASE general index ended 1.57% lower to 1,263.34 on turnover of €85.66 million. It was the fourth consecutive weekly drop (1.83%), while banks fell 3.02%.