EconomyStock Market: Strong pressure and closing with a "sinking"...

Stock Market: Strong pressure and closing with a “sinking” of 2.39% – Turnover at 61.44 million euros


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Share prices on the Stock Exchange were under heavy pressure today, with the market falling below the 800 point level amid heavy pressure in European markets.

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Investors in European stock markets are concerned about a possible recession in the European economy after today’s macroeconomic data on the trajectory of the European economy, which further weighed on confidence after the successive rises in interest rates.

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At the center of the liquidations were bank shares, while the total market capitalization decreased today by 1,347 million euros.

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The General Price Index closed at 798.11 points, registering losses of 2.39%. It is the lowest close since the session of July 15, 2022 (794.62 points).

Between sessions, it registered a higher price of 819.59 points (+0.24%) and a lower price of 795.76 points (-2.67%).

In the weekly order, the main stock market index registered a fall of 4.55%, since the beginning of September it has fallen 6.80%, while since the beginning of the year it has lost 10.66%.

The value of the transactions amounted to 61.44 million euros, while 25,536,711 shares were traded.

The large-cap index fell 2.68%, while the mid-cap index fell 1.67%.

source: iefi merida

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