Financial Morning News 18/10/2013


The General Index in Athens Stock Exchange (ASE) closed at 1,138.90 posting profits of 1.23%, in a turnover of €85.43mn.

The spokesman for Finance Minister Wolfgang Schaeuble Mr. Martin Kotthaus denied reports (Die Zeit newspaper) that the country’s Finance Ministry is working on a new aid package for Greece.

The Prime Minister Mr. Antonis Samaras is planning to adopt a tough stance to troika, insisting that any more horizontal cuts would be politically and socially disastrous.

Corporate Impacts

  • NBG: According to the Global Finance magazine, NBG is the best bank in Greece.
  • Technical

    FTSE 25 October future:

      Support levels: 370-364-356. Resistance levels: 385-390-395.

    General Index:

      Support levels: 1,100-1,090-1,070. Resistance levels: 1,159-1,180-1,200.


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