GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 942.18 posting marginal losses of 0.12%, in a turnover of €53.14mn.
According to the Finance Ministry, Greece had a primary budget surplus of €520mn in the first quarter of 2013 vs. a deficit of €334mn in the first three months of 2012 and vs. a target of a primary budget defit of €2.34bn.
- Piraeus Bank: The shareholders approved the recapitalization plan yesterday. Please note that the bank has already raised €570mn and its target is to also collect the remaining part, to €733mn, so that it will not need to issue any contingent-convertible bonds.
FTSE 25 June future:
- Support levels: 314-308-300. Resistance levels: 325-330-336.
- Support levels: 910-903-880. Resistance levels: 950-975-990.
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