GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 623.20 posting profits of 0.81%, in a low turnover of €16.31mn.
GDP contracted 6.2% in the second quarter of the year compared with the year earlier, slowing from a contraction of 6.5% in the first three months of the year (ELSAT).
Greece will auction €3.125bn of three-month T-bills today to fund the rollover of a previous issue and repay a €3.2bn bond maturing on Aug. 20 (PDMA).
- Banks: The ECB funding fell by €49.67bn to €23.99bn in July from a month earlier, while emergency liquidity assistance from the Greek central bank increased by €44.37bn to €106.31bn.
FTSE 20 September future:
- Support levels: 218-212-204. Resistance levels: 230-236-242.
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