GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,209.97 posting losses of 1.34%, in a turnover of €119.38mn.
The bill foreseeing the part-privatization of the Public Power Corporation is set to go to Parliament on Wednesday amid vehement opposition by leftist SYRIZA and unionists to the measure. The Prime Minister Mr. Antonis Samaras and his coalition partner, PASOK chief Mr. Evangelos Venizelos are expected to meet in the next few days to discuss the PPC reform.
- Hellenic Petroleum: EGM
- Alpha Bank: The CEO of the bank Mr. Dimitrios Mantzounis said that local banks need to make a fast return to private hands. The new President of the bank Mr. Vassilios Rapanos referred to a need for stability and the implementation of reforms.
FTSE 25 September future:
- SupSupport levels: 384-378-372. Resistance levels: 396-404-410.
- Support levels: 1,198-1,180-1,165. Resistance levels: 1,240-1,255-1,285.
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