GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,254.75 posting profits of 0.37%, in a turnover of €93.66mn.
The Finance Minister Mr. Yianis Stournaras told the Frankfurter Allgemeine Zeitung that Greece’s funding gap for 2014 is around €5bn or €11bn for the next two years. He added that Greece did not need a third rescue package.
- NBG: The Chief Executive Mr. Alexandros Tourkolias said that the bank plans to make €3bn worth of corporate loans this year to support businesses and assist the economy’s recovery. That represents a substantial increase over the almost €1bn of total loans the bank made in the first nine months of 2013.
- Attica Bank: The 8,554,600 new common shares, which results from the conversion of 8,554,600 bonds with a nominal value of €0.30, start trading on ASE today.
FTSE 25 February future:
- Support levels: 402-396-390. Resistance levels: 418-424-430.
- Support levels: 1,225-1,200-1,190. Resistance levels: 1,265-1,280-1,305.
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