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Athens News Agency: News in English, 11-03-02

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

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

CONTENTS

  • [01] ═D leader in Helsinki for EPP summit
  • [02] Greek bond market closing report
  • [03] Stocks end 0.63% down ´╗┐

  • [01] ═D leader in Helsinki for EPP summit

    (┴═┴-╠PA) -- Main opposition New Democracy (ND) leader Antonis Samaras will be in Helsinki later on Wednesday to attend the European People's Party (EPP) summit on Europe's economic governance, to take place on Friday.

    In the summit, Samaras will outline his party's positions on Greece's economic crisis and underline the need to take development measures including the utilisation of public property.

    Samaras is expected to point out that the debt problem faced by Ireland and southern European countries should be dealt with on a single basis, and as regards Greece, he will back the extension of the repayment period for its bailout package without the adoption of additional economic measures.

    The Helsinki Summit will be attended by EU heads of state and government who are members of the EPP, European Commission President Jose Manuel Barroso, European Council President Herman Van Rompuy and European Parliament President Jerzy Buzek. (┴═┴-╠PA)

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

    ´╗┐

    [02] Greek bond market closing report

    (ANA-MPA) -- The March contract on the FTSE 20 index was trading at -0.35 pct in the Athens Derivatives Exchange on Wednesday, with turnover a low 37.341 million euros.

    Volume on the Big Cap index totaled 7,603 contracts worth 27.453 million euros, with 28,836 short positions in the market.

    Volume in futures contracts on equities totaled 20,676 contracts worth 9.887 million euros, with investment interest focusing on National BankÔs contracts (4,408), followed by Eurobank (1,048), MIG (1,116), OPAP (1,074), Piraeus Bank (2,578), Alpha Bank (2,811), Marfin Popular Bank (2,009), Cyprus Bank (2,726), PPC (750) and Mytilineos (430).

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

    ´╗┐

    [03] Stocks end 0.63% down

    Stocks ended lower at the Athens Stock Exchange on Wednesday, as a warning by Standard & PoorÔs over a possible downgrade of the Greek economy undermined sentiment in the market. The composite index of the market fell 0.63 pct to end at 1,569.92 points, off the dayÔs lows of 1,545 points. Turnover was a disappointing 111.262 million euros. OPAP (3.27 pct), Jumbo (2.46 pct) and Ellaktor (1.80 pct) were top gainers among blue chip stocks, while ATEbank (3.85 pct), Cyprus Bank (3.32 pct), Viohalco (2.86 pct) and Alpha Bank (2.39 pct) were top losers.

    The Big Cap index index fell 0.63 pct, the Mid Cap index ended 1.67 pct lower and the Small Cap index fell 0.92 pct. The Travel (2.78 pct) and Personal Products (1.03 pct) sectors scored gains, while Media (2.70 pct) and Health (2.62 pct) suffered the heaviest percentage losses of the day.

    Broadly, decliners led advancers by 94 to 54 with another 53 issues unchanged. Attikat (16.67 pct), Mouzakis (10 pct) and Nakas (8.99 pct) were top gainers, while Eurobrokers (9.0 pct), AEGEK (9.09 pct) and Avenir (8.82 pct) were top losers.

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


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