EUROCORP

Financial Morning News 22/08/2012

GREEK FINANCIAL MARKET

The General Index in Athens Stock Exchange (ASE) closed at 642.84 posting profits of 2.65%, in a turnover of €74.96mn.

The CDU budget spokesman Mr. Norbert Barthle said that concessions are possible for Greece so long as Greek government shows a willingness to strive to meet the main targets set out in its bailout program.

Corporate releases

  • 08/23 OPAP H1’12 results (after-market)
  • Corporate Impacts

    • CCH: It announced H1’12 net income of €109mn (-25%) in line with estimates (€110.1mn). The volumes dropped by 2% to €1.01bn cases while sales rose 1% to €3.43bn (est: €3.42bn). The company reiterated its guidance for free cash flow generation and investments of €1.45bn in the 2012-2014 period.
    • Technical

      FTSE 20 September future:

        Support levels: 230-224-218. Resistance levels: 242-248-256.

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