GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,195.20 posting marginal profits of 0.10%, in a turnover of €104.18mn.
- Greek Banks: Moody’s upgraded the outlook of Greek banks to stable. In other news, the total credit remained negative on March easing by 0.4% m-o-m and 4.1% y-o-y (Feb: -4.0% y-o-y) to €215.9bn, which corresponds to 118.0% of GDP from 119.1% at YE‘13.
- Eurobank: The bank announced that it received a proposal from the anchor investors to increase the maximum subscription price in Eurobank’s capital increase of €1.332bn to €0.31 from €0.30 previously. The final price of the capital increase will be announced today.
- OTE, EYDAP: AGM.
FTSE 25 May future:
- Support levels: 380-375-370. Resistance levels: 394-402-412.
- Support levels: 1,183-1,165-1,150. Resistance levels: 1,230-1,250-1,280.
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