Heavy losses were recorded at 11.00 am on Monday on the Athens Stock Exchange (ASE).

The basic share price index was down 5.27% at 761.00 points and turnover was at 9.37 million euros.

The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was falling by 5.66%, and the FTSE/ASE Mid Cap index was falling by 3.14%.

6 of the stocks traded were rising, 51 were falling and 7 remained unchanged.