GREEK FINANCIAL MARKET
The General Index in Athens Stock Exchange (ASE) closed at 1,262.31 posting losses of 0.66%, in a turnover of €91.74mn.
The Prime Minister Mr. Antonis Samaras and the Azeri President Mr. Ilham Aliyev discussed the two major investments: a) the privatization of Greece’s gas transmission network (DESFA), which has been delayed for a year due to objections by the European Commission’s competition authorities and b) the construction of the Trans Adriatic Gas Pipeline (TAP) that would cross Greece.
The Chinese Premier Mr. Li Keqiang is due in Athens on Thursday for what authorities hope will mark the beginning of a boost in bilateral trade relations with several investments expected to be signed. Mr. Li is expected to stress Beijing’s interest in the Piraeus and Thessaloniki port authorities, Athens International Airport, Trainose, which is the operating arm of the Hellenic Railways Organization (OSE), and other state-controlled assets that are slated for privatization.
- Eurobank: The management will hold a lunch presentation to potential investors today in London.
FTSE 25 June future:
- Support levels: 400-395-388. Resistance levels: 415-422-430.
- Support levels: 1,255-1,240-1,210. Resistance levels: 1,285-1,310-1,330.
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