GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,243.80 posting losses of 0.83%, in a turnover of €75.91mn.
According to press reports, Greece will reportedly return to the bond market this week with a €2-3bn 3-year bond. The sale reportedly hinges on the today Eurogroup, when Greece hopes for the release of one of the delayed €1bn sub-tranches. The second instalment of €1bn is mainly dependent on the approval of the draft bill of the “small PPC”.
- PPC: The striking employees of the company Saturday vowed to defy a civil mobilization decree issued by authorities.
- Alpha Bank: Paulson’s Stake in the bank fell below 5%.
FTSE 25 September future:
- Support levels: 396-390-386. Resistance levels: 410-416-424.
- Support levels: 1,230-1,220-1,202. Resistance levels: 1,265-1,285-1,300.
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