Financial Morning News 06/03/2013


The General Index in Athens Stock Exchange (ASE) closed at 967.15 posting losses of 0.29%, in a turnover of €46.88mn.

The CEO of Qatar Holding Ahmad Mohamed Al-Sayed will visit Greece today. We remind that after the visit of the Greek Prime Minister Mr. Antonis Samaras, the Gulf state of Qatar pledged on January 29 to invest up to €1bn in Greek companies.

Greece sold €1.138bn of 26-Week Treasury Bills at an auction yesterday with a yield of 4.25% from 4.27% on February 5. The bid-to-cover ratio was at 1.64 from 1.68 previously.

Corporate Impacts

  • Cypriot Banks: The central bank head Mr. Panicos Demetriades said that Cyprus should install a special levy on capital gains from bank deposits to finance the restructuring of its banking sector. He forecasted that privatisation of state-owned property could bring €4.5bn to government. In other news, the technocrats were in Nicosia to check the assets, projects and accounts of state-run enterprises such as the electricity and telecoms authority.
  • Fourlis: Ikea pulled a batch of almond cakes from its restaurants in 23 countries, after Chinese authorities said they contained coliform bacteria, normally present in faecal matter.
  • Technical

    FTSE 25 March future:

      Support levels: 316-310-306. Resistance levels: 330-336-342.

    General Index:

      Support levels: 958-945-910. Resistance levels: 985-1,003-1,014.


    The information that EUROCORP (henceforth the “Company”) provides via the web page, 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 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

    Error 404:   

    The page requested not found!