🔴 Piraeus Bank is trading 6% down today as European bank selling weighs on Athens

Piraeus Bank is trading now at €9.60, down 6.02%, as selling across European bank shares weighs on Greek lenders.

• On October 22, Piraeus was among the weakest stocks in Athens as sellers drove pressure across the sector.
• The Greek banking index fell 4.38%, while the EuroStoxx Banks index was also sharply lower.
• No clear company-specific catalyst for Piraeus’ decline was identified.