Greek bank shares plunge for third day, drag down broader market


  • World
  • Wednesday, 05 Aug 2015

Greek Prime Minister Alexis Tsipras leaves his office at the Maximos Mansion to attend a meal of the Greek political party leaders at the Presidential Palace, hosted by President Prokopis Pavlopoulos (not pictured) to commemorate the 41st anniversary of the Restoration of Democracy after the fall of the military junta in 1974 in Athens, Greece July 24, 2015. REUTERS/Alkis Konstantinidis

ATHENS (Reuters) - Greek bank shares sold off sharply for the third day in a row on Wednesday with buyers yet to emerge on a scale large enough to counter continued dumping of the stocks.

The losses follow a 50 percent plunge in the bank sub-index over the previous two sessions and dragged down the wider Athens market, where non-financials were generally outperforming banks.

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