EUROCORP

Financial Morning News 13/06/2014

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 1,307.08 posting marginal losses of 0.01%, in a turnover of €137.01mn.


The central government posted a primary budget surplus of €711mn in the first five months of the year compared to a deficit of €970mn in the same period in 2013.

The jobless rate remained unchanged at 27.8% in the first three months of the year compared to the previous quarter (ELSTAT).

Officials at bank bailout fund HFSF estimate it will recover €34bn of the €50bn it spent on recapitalizing local lenders last year.

Corporate Impacts

    • ΕΧΑΕ: Franklin Templeton reduced its stake to the company to 3.82% from 5.03% previoulsy.

Technical

FTSE 25 June future:

        Support levels: 416-410-402. Resistance levels: 428-435-440.

General Index:

      Support levels: 1,285-1,260-1,250. Resistance levels: 1,330-1,340-1,355.

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.

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