Five weeks after an economic crisis forced its closure, Greece's stock market reopened Monday to a flurry of selling and falling prices. Banks led the losses on the Athens Stock Exchange, which is also coping with poor manufacturing data.
When it opened, the Athens Stock Exchange General Index plummeted from 797.52 to a new 52-week low of 615 — a drop of nearly 23 percent. But the index then recovered some ground, rising to 660 (a 17 percent drop) some three hours after trading began. It closed down 16.2 percent.
From Athens, NPR's Joanna Kakissis reports: