EUROCORP

Financial Morning News 06/12/2013

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 1,190.31 posting losses of 1.77%, in a turnover of €83.88mn.

The deputy Finance Minister Mr. Christos Staikouras said that Greece will start borrowing on financial markets again in the second half of 2014.

Corporate Impacts

  • Greek Banks: The BoG Governor Mr. Provopoulos will meet the managements of the four systemic banks to discuss their business plans and the issue of rising NPLs. Please note that the results of Blackrock’s stress tests will be submitted to BoG on Monday.
  • Technical

    FTSE 25 December future:

      Support levels: 385-378-372. Resistance levels: 398-405-410.

    General Index:

      Support levels: 1,180-1,165-1,150. Resistance levels: 1,210-1,230-1,260.

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