EUROCORP

Financial Morning News 21/02/2014

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 1,250.25 posting losses of 0.50%, in a low turnover of €46.86mn.

The Eurogroup chief Mr. Jeroen Dijsselbloem said that he hoped that the optimistic view held by some in Greece that a new program would not be needed would turn out to be accurate.

Greece and Gazprom will soon announce a new gas supply deal including price cuts backdated to last June (Reuters).

Bruegel Institute proposes either new loan of €40bn to Greece or freeze of current Greek debt to Eurozone until 2030.

Corporate Impacts

  • INTRALOT: INTRALOT USA was awarded an extension of its contract by the New Mexico Lottery Board for the provision of the on-line Lottery Gaming System and related products and services. The new amendment extends the current seven year contract, for three additional years from 2015 until 2018.
  • Technical

    FTSE 25 February future:

      Support levels: 400-395-390. Resistance levels: 412-418-426.

    General Index:

      Support levels: 1,240-1,225-1,200. Resistance levels: 1,280-1,305-1,320.

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