Financial Morning News 24/01/2014


The General Index in Athens Stock Exchange (ASE) closed at 1,223.28 posting marginal profits of 0.03%, in a turnover of €88.33mn.

The Finance Minister Mr. Yannis Stournaras said that the negotiations between the government and the troika will last as long as it takes to reach an agreement. He added that this assessment process is difficult, with the government trying to achieve the best possible result for the sake of the Greek people.

Corporate Impacts

  • Cypriot Banks: Cyprus’s economy shrank 5.5% last year, less than previously forecast, thanks to resilience in private consumption and the contribution from tourism.
  • Technical

    FTSE 25 February future:

      Support levels: 396-390-382. Resistance levels: 410-418-424.

    General Index:

      Support levels: 1,200-1,190-1,170. Resistance levels: 1,235-1,255-1,280.


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