EUROCORP

Financial Morning News 18/09/2013

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 999.91 posting profits of 0.67%, in a turnover of €51.79mn.

The president of the European Parliament Mr. Martin Schulz, after his meeting with the Prime Minister Mr. Antonis Samaras in Brussels said that there are good signs that Greece will be able to achieve a primary surplus by the end of the year as the government has predicted.

The President of the Commission Mr. Jose Manuel Barroso said that that there is light at the end of the tunnel for Greece and if needed, Greece’s program will be adapted. He also gave Greece the ‘hurry-up’ on its state asset sales, saying that its privatisation programme needs to be “sped up”.

Greece sold €1.3bn) of three-month T-bills yesterday to roll over a maturing issue. The T-bills were priced to yield 4.02%, unchanged from a previous August auction, while the sale’s bid-cover ratio was 1.94, up from 1.87 in the August sale (PDMA).

Technical

FTSE 25 September future:

    Support levels: 340-334-328. Resistance levels: 350-358-366.

General Index:

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

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.

Get Adobe ReaderYou 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.

Error Page

GlobalSoft Perquote Server 1.0.2.9

    Error 404:   

    The page requested not found!