EUROCORP

Financial Morning News 20/03/2014

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 1,364.41posting losses of 0.38%, in a turnover of €123.26mn.

The troika issued a statement confirming the conclusion of a seven-month review of the Greek adjustment program in which the country’s lenders appeared broadly positive about Greece’s prospects but highlighted banks’ capital needs and this year’s surplus as two key areas that need to be watched closely.

The Greek government, after reaching an agreement with the troika, is preparing legislation for the reforms it agreed with its lenders in the hope that the next disbursement will be approved at an informal Eurogroup meeting due to take place in Athens on April 1.

Corporate Impacts

  • EXAE, NBG: FY’ 13 results.
  • Lamda Development: After opening Lamda Development’s bid for the development of the plot of the old Athens airport at Elliniko and deeming it unsatisfactory, state privatization fund TAIPED has asked the firm to raise its offer. TAIPED’s board initially gave the consortium led by the Greek construction company until next Monday to submit an improved offer, but Lamda said that was too soon, so TAIPED gave it two additional days, until Wednesday, March 26.
  • Technical

    FTSE 25 March future:

      Support levels: 438-432-426. Resistance levels: 448-454-460.

    General Index:

      Support levels: 1,350-1,320-1,300. Resistance levels: 1,380-1,400-1,420.

    Disclaimer

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

Cannot retrieve http://vtickersrv.monopoly.gr/eurocorp.htm