GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 929.78 posting profits of 0.91%, in a turnover of €32.84mn.
The ECB President Mr. Mario said that ECB will not consider the Greek debt write- down. He added that if the extension of the Greek program is needed, they will require further conditionality.
The President of the Eurogroup Mr.Jeroen Dijsselbloem said that the talks on a new aid package for Greece from the euro zone will be finalized in November, but it is too early to discuss how big the package will be or what strings will be attached to it. He also said talks about cutting Greece’s too-high debt would kick off only in April 2014, when Eurostat, the EU statistical service, announces the final debt figures for 2013. Please note that the Eurozone Finance Ministers will have a meeting planned for November 11.
Corporate Impacts
- EXAE: Today is the last day of the Roadshow of the Hellenic Exchanges in London.
Technical
FTSE 25 September future:
- Support levels: 316-308-300. Resistance levels: 328-336-342.
General Index:
- Support levels: 915- 890-861. Resistance levels: 940-955-980.
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