EUROCORP

Financial Morning News 23/07/2013

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 842.16 posting profits of 0.62%, in a low turnover of €29.10mn.

According to figures released by Eurostat, the public debt stood at €305.3bn (160.5% of GDP) in the first quarter of this year after posting the highest rise in the EU over the preceding 12 months. This represented a slight rise from the fourth quarter of 2012, when the general government debt was at €303.9bn (156.9% of GDP).

The cost of building materials in Greece fell by 1.5% over the last year, while the Material Costs Index in Construction of New Residential Buildings decreased by 1.5% (ELSTAT).

Corporate Impacts

  • GEK Terna: The group aggred on selling 25% of Heron II power plant to Qatar Petroleum International for 58mn$.
  • Technical

    FTSE 25 September future:
    Support levels: 282-276-270. Resistance levels: 294-302-310.

General Index:

    Support levels: 830-820-806. Resistance levels: 870-884-911.

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!