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Athens News Agency: News in English, 11-03-01

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] 10bln euros package to boost liquidity
  • [02] ADEX closing report
  • [03] ANA-MPA debuts its social network-linked 'e-mag'
  • [04] Stocks reverse 3-day slide 

  • [01] 10bln euros package to boost liquidity

    (ANA-MPA) -- Regional Development and Competitiveness Minister Mihalis Chryssohoidis, speaking Monday at an event by the ISTAME foundation, referred to the plan on the country's new growth model, stressing that it concerns a big support package, over 10 billion euros, that strengthens liquidity in the market, provides incentives for private investments, restarts public infrastructures projects, boosts innovation, tourism, construction, light manufacturing, extroversion, youthful entrepreneurship.

    "With institutional reforms that simplify procedures assisting the businessman in practice. With new rules for competition that clarify the scene and protect the consumer," the minister added.(ANA-MPA)

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [02] ADEX closing report

    (ANA-MPA) -- The March contract on the FTSE 20 index was trading at -1.18 pct in the Athens Derivatives Exchange on Tuesday, with turnover a low 46.524 million euros. Volume on the Big Cap index totaled 10,059 contracts worth 36.889 million euros, with 29,414 short positions in the market.

    Volume in futures contracts on equities totaled 22,682 contracts, worth 9.635 million euros, with investment interest focusing on Marfin Popular Banks contracts (4,895), followed by Eurobank (1,253), Piraeus Bank (1,709), National Bank (3,594), Alpha Bank (3,508), ATEbank (1,134), Mytilineos (984), OTE (827) and PPC (743).

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [03] ANA-MPA debuts its social network-linked 'e-mag'

    The ANA-MPA on Tuesday unveiled its new month electronic magazine, www.muteline.gr, which debuted on the Greek national news agency's website, www.ana.gr

    The "Muteline-mag" features its own Facebook page and other social media applications, while using the "e-zines" model that is readily winning over Net surfers around the world.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [04] Stocks reverse 3-day slide

    Stocks ended higher at the Athens Stock Exchange, as a "technical rebound" halted a three-day decline on the market. The composite index rose 0.19 pct to end at 1,579.85 points, after rising as much as 2.03 pct during the session. Turnover was a moderate 132.27 million euros.

    The Big Cap index eased 0.40 pct, the Mid Cap index rose 0.39 pct and the Small Cap index fell 0.81 pct. Utilities (3.55 pct) and Industrial Products (1.47 pct) were top gainers, while Financial Services (5.51 pct) and Telecommunications (2.01 pct) suffered losses. Alpha Bank (4.58 pct0, Titan (4.0 pct), PPC (3.93 pct) and Mytilineos (1.73 pct) were top gainers, while MIG (7.95 pct), Marfin Popular Bank (4.95 pct) and Piraeus Bank (4.24 pct) were top losers.

    Broadly, decliners led advancers by 90 to 79 with another 41 issues unchanged. Ridenco (14.29 pct), Avenir (13.33 pct) and Hellenic Fish Farms (12.5 pct) were top gainers and Intrakat (15.08 pct), Trastor (13.10 pct) and Hatzioannou (10 pct) were top losers.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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