GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,035.12 posting losses of 0.31%, in a turnover of €51.57mn.
The executive board of IMF is expected to meet on Friday. The IMF will send a team to Greece early next month for talks with Greek authorities and the IMF’s bailout partners to discuss a review of Greece’s program.
The Prime Minister Mr. Antonis Samaras will meet today (6 p.m.) his coalition partners, PASOK leader Evangelos Venizelos and Fotis Kouvelis of Democratic Left.
- NBG: The bank reported a profit of €27mn in the first quarter of 2013 compared to a loss of €731mn in the same period last year, helped by its Turkish subsidiary Finansbank (net profits of €155mn +23%)., as well as lower funding costs and provisions for bad debt. NBG said that loan-loss provisions fell to €428mn from €505mn.
FTSE 25 June future:
- Support levels: 345-340-336. Resistance levels: 360-366-372.
- Support levels: 1,025-1,010-980. Resistance levels: 1,060-1,080-1,096.
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