GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,260.72 posting profits of 0.97%, in a turnover of €92.52mn.
Today Eurostat is expected to confirm the government’s forecast of a primary surplus for 2013. Note that Eurozone leaders have said this could pave the way for a discussion about a possible lightening of Greece’s debt, bringing up the issue at the upcoming Eurogroup (May 5th).
The Prime Minister Mr. Antonis Samaras said that he expects Greek bond yields to decline further and signalled that Greece has no immediate plans to sell more debt again.
- Eurobank: S&P confirmed the CCC/C short-term and long-term outlook, after the bank’s announcement of capital increase of €2.864bn.
FTSE 25 April future:
- Support levels: 400-395-390. Resistance levels: 412-418-425.
- Support levels: 1,250-1,230-1,215. Resistance levels: 1,280-1,305-1,330.
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