The pressures on the Athens Stock Exchange will continue until more clarity is available, Morgan Stanley predicts in a note that echoes almost all of the stock market's feelings after yesterday's sell-off of Greek bank stocks.

Trading on the Athens Stock Market of the shares of Folli Follie was suspended at the request of the company’s management to the Hellenic Capital Market Commission.

The Athens Stock Exchange has returned back to 1989 levels amid uncertainty over completion of the first review of the Greek economic adjustment programme, intense social reactions to proposed reforms in the pension and tax systems and scenarios over political developments in the country.