The Hellenic Capital Market Commission (HCMC) announced on Wednesday that the stock exchange market will remain closed until Thursday, the 16th of July, while rumors suggest that the closure will be extended to Friday. It also appears doubtful that the stock exchange will reopen on Monday.

The HCMC statement notes that following the decisions of the 29th and the 30th of June 2015, regarding the emergency measures for the Greek capital market, and following the legislative act of the 14th of July 2015 by which the bank holiday, and all its accompanying measures, were extended until the 16th of July 2015 (included), announces that, during the above bank holiday:

  • The regulated market and the Multilateral Trading Facility of “EN.A” (Alternative Market) of the Athens Exchange (Athex) will continue to remain closed.
  • The Electronic Secondary Market “HDAT” for bonds, of the Bank of Greece will continue to remain closed.
  • Redemption of mutual funds’ units will continue to be suspended,
  • The clearing services by ATHEXClear for all securities and derivative instruments traded on the Greek securities’ and derivatives’ markets and the Multilateral Trading Facility “EN.A” will continue to be suspended and
  • The cash settlement of transactions on securities traded on the Greek markets, effected by the Hellenic Central Securities Depository, will continue to be suspended.