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Greece: Stocks close with record drop of 16.23%

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European stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index gaining 0.43 per cent to 6,579.08 points.

[ATHENS] Greece's stock exchange closed Monday with a record drop of 16.23 per cent on reopening after a five-week shutdown caused by capital controls.

The general index settled at 668.06 points with the nation's outflow-hit banks and top corporations taking a beating.

AFP