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Athens News Agency: News in English, 11-03-28

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

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

CONTENTS

  • [01] Trade deficit down 33.3pct in Jan.
  • [02] ASE opening: Small rise 

  • [01] Trade deficit down 33.3pct in Jan.

    Greece's trade balance deficit posted a further decline of 33.3 percent n January this year, according to provisional figures released on Monday by the independent Hellenic Statistical Authority (ELSTAT).

    The decline in the deficit was attributed to a continuing increase in the value of exports and a decline in the value of exports.

    According to a provisional report on the country's commercial transactions, the deficit of the trade balance, excluding oil products, in January 2011 recorded a drop of 33.3%. More specifically, it decreased from 1859.1 million euros (2637.4 million dollars) in January 2010 to 1240.5 million euros (1643.2 million dollars) in January 2011.

    The total value of imports-arrivals, excluding oil products, in January 2011 amounted to 2381.5 million euros (3171.9 million dollars) in comparison with 2774.5 million euros (3947.7 million dollars) in January 2010, recording a drop of 14.2%.

    The total value of exports-dispatches, excluding oil products, in January 2011 amounted to 1140.9 million euros (1528.7 million dollars) in comparison with 915.4 million euros (1310.4 million dollars) in January 2010, recording an increase of 24.6%.

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

    

    [02] ASE opening: Small rise

    Equity prices were rising at the opening of trade on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.27 percent, standing at 1,624.51 points at 12:00 noon, and turnover at 31.558 million euros.

    Individual sector indices were mixed, with the biggest gains in Insurance, up 3.17 percent; Telecoms, up 2.67 percent; and Food & Beverage, up 2.03 percent.

    The biggest losses were in Commerce, down 2.56 percent; and Mass Media, down 2.70 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 0.17 percent, the FTSE/ASE MID 40 index was up 0.49 percent, and the FTSE/ASE-80 small cap index was down a marginal 0.07 percent.

    Of the stocks traded, 41 were up, 42 were down, and 22 were unchanged.

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


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