ATHENS, Dec 3 (Reuters) - Greek bank stocks shed as much as 4.6 percent in Athens trading on Thursday, with traders citing a Goldman Sachs report as the reason.
'The main reason behind the drop is the Goldman Sachs report, which voices concern over the profitability growth rate of Greek banks for 2010 and 2011,' said Takis Zamanis, Athens-based trader at Beta Securities.
(Reporting by Angeliki Koutantou) Keywords: GREECE BANKS/ (harry.papachristou@thomsonreuters.com; +30 210 3376455; Reuters Messaging: harry.papachristou.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'The main reason behind the drop is the Goldman Sachs report, which voices concern over the profitability growth rate of Greek banks for 2010 and 2011,' said Takis Zamanis, Athens-based trader at Beta Securities.
(Reporting by Angeliki Koutantou) Keywords: GREECE BANKS/ (harry.papachristou@thomsonreuters.com; +30 210 3376455; Reuters Messaging: harry.papachristou.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
