Financial Morning News 04/09/2013


The General Index in Athens Stock Exchange (ASE) closed at 920.46 posting profits of 2.37%, in a turnover of €45.08mn.

The German Finance Minister Mr. Wolfgang Schaeuble said that it is not no surprise that Greece might need additional aid to stay solvent. He added that Greece is on a good track and the euro rescue policy has been successful in keeping the single currency stable.

Greece sold €1.138bn of six-month T-bills yesterday to roll over a maturing issue. The T-bills were priced to yield 4.20%, unchanged from a previous August auction, while the sale’s bid-cover ratio was 1.89, up from 1.77 in the previous sale (PDMA).

Corporate Impacts

  • Hellenic Petroleum: The extraordinary general approved the transfer of 35% of DESFA in Socar for €212.1mn.
  • Technical

    FTSE 25 September future:

      Support levels: 310-305-300. Resistance levels: 322-330-336.

    General Index:

      Support levels: 910- 890-861. Resistance levels: 930-955-980.


    The information that EUROCORP (henceforth the “Company”) provides via the web page, can be used only for informative aims and not for commercial, investment or other purposes. They cannot be considered as offer, advice, or proposal for purchase or sale of securities issued by companies that are reported in the web page of the Company, or as prompt on the realisation of any form of investments. The Company is not by any chance accountable for commercial or investment decisions that will be taken based on this information.

    The information emanates from sources that are available in public and are generally considered reliable. The Company overwhelm each possible effort for the verification of the validity of this information. Nevertheless, the Company is not committed as for the precision, plenitude and safety of information and consequently no responsibility arises for the company from the use of this information.

    The use of web page is under the exclusive responsibility of each user, who accepts that the information and services, are provided “as such” and “depending on the availability”, without any guarantee of the Company, indicatively reported the guarantees of satisfactory quality or appropriateness for concrete aims.

    Get Adobe ReaderYou will need Adobe Reader to open the files. If you do not have it already, you may download it from Adobe’s website by clicking the icon on the right.