Financial Morning News 14/03/2014


The General Index in Athens Stock Exchange (ASE) closed at 1,346.35 posting losses of 0.99%, in a turnover of €120.82mn.

The unemployment rate rose to 27.5% in the fourth quarter of 2013 from 27% the previous quarter and 26% the same period in 2012 (ELSTAT).

Corporate Impacts

  • Eurobank: The Hellenic Financial Stability Fund (HFSF) siad that the process to return state-controlled Eurobank to the private sector appears set to be a long one after the bank yestreday postponed its decision to go ahead with a share capital increase upon the demand of its main shareholder.
  • Technical

    FTSE 25 March future:

      Support levels: 426-420-414. Resistance levels: 438-444-450.

    General Index:

      Support levels: 1,330-1,320-1,305. Resistance levels: 1,360-1,380-1,400.


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