EUROCORP

Financial Morning News 16/09/2013

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 991.46 posting losses of 0.56%, in a turnover of €40.43mn, the lowest of the last six sessions on the bourse.

Corporate Impacts

  • Cypriot Banks: The Euro zone Finance Ministers decided to approve the disbursement of a €1.5bn tranche of the country’s bailout. Today, the IMF is expected to approve its disbursement of €86mn to Cyprus.
  • Technical

    FTSE 25 September future:

      Support levels: 334-328-320. Resistance levels: 346-352-358.

    General Index:

      Support levels: 980- 955-930. Resistance levels: 1,017-1,030-1,050.

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