Greek stocks are crashing and the Greek stock market isn't even open

Greek stocks are crashing and the Greek stock market isn't even open

Jun. 29, 2015, 7:17 AM
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Greece’s Athens Stock Exchange General Index is
closed until at least July 6 as markets await the outcome of Greece’s referendum, but that has not stopped Greek stocks from crashing.

The Global X FTSE Greece 20 ETF (GREK) is lower by 15% in pre-market trading on Monday. The early selling has GREK trading below the $10 level for the first time since 2012. 

http://finance.yahoo.comGREK is crashing.

According to ETF.com, almost 80% of GREK is comprised of Greek stocks. 

ETF.comGREK country breakdown

The biggest weighting is in the financial sector, which makes up almost 30% of the ETF. 

ETF.comSector weighting of GREK

Here is a look at the top 10 holdings of GREK.

ETF.comThe top 10 holdings in GREK.

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Greek stocks are crashing and the Greek stock market isn't even open

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