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”.
Corporate Impacts
- 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%.
Technical
FTSE 25 September future:
- Support levels: 396-390-386. Resistance levels: 410-416-424.
General Index:
- Support levels: 1,230-1,220-1,202. Resistance levels: 1,265-1,285-1,300.
Disclaimer
The information that EUROCORP (henceforth the “Company”) provides via the web page eurocorp.gr, 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 eurocorp.gr 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.
You 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.