Markets

Greek blue chip stock index futures rebound, open 1.79pc higher

Published August 5, 2015 Updated August 5, 2015 08:16am

1 min

By Parvez Jabri

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ATHENS: Greek blue-chip stock index futures rebounded on Wednesday, with the nearest contract expiring on August 21 opening 1.79 percent higher at 198.75 points after the stock market's two-day 17.4 percent plunge.

The stock market will open for trade at 0730 GMT on Wednesday.

The underlying FTSE large-cap index lost 3.6 percent on Tuesday, dragged lower by bank shares.

Trading on the Athens bourse resumed on Monday after a five-week shutdown as part of capital controls imposed to stem a debilitating outflow of euros that threatened to collapse Greece's banks and hurl the indebted country out of the euro zone.

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