Share prices plummetted 4.38 percent at the opening of trade on the Athens Stock Exchange on Monday, following the sell-off in European and international markets.
The market dropped below 1,400 points as fears of a U.S. recession drove European stock markets to a six-month low and Japan's Nikkei crashed 12.4% at close of trade - the biggest drop in its history.
The basic share price index was down 4.38 percent at 1,368,26 points at 11:00 and turnover was 28.14 million euros.
The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was down 4.69 percent and the FTSE/ASE Mid Cap index was down 4.52 percent.
Of the stocks traded, 0 were up, 92 were down and 9 were unchanged.
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