Financial Morning News 19/7/2012


The General Index in Athens Stock Exchange (ASE) closed at 613.65 posting profits of 0.21%, in a low turnover of €13.63mn.

The Greek finance minister said that the three coalition partners have agreed on the basic outline of a plan for €11.5bn of spending cuts that have been demanded by troika. The leader of the socialist Pasok party, Evangelos Venizelos ruled out Greece introducing any additional measures to meet 2012 fiscal goals and he added that they agreed that Greece would have to ask for an extension to its fiscal adjustment period.

Corporate Impacts

  • Intralot: It announced the successful completion and launch of STARCASINO behalf of Betsson (Swedish company), following the agreement for collaboration to support Betsson’s online operations in the Italian market.
  • Technical

    FTSE 20 September future:

      Support levels: 218-208-202. Resistance levels: 230-239-245.


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