Subject: Greek Financial Market Update on Jun.6 Tuesday
Topic: misc-news
From: Rising Sun <goldenjo@prometheus.hol.gr>
 
Greek stocks dropped slightly in light trading, closing at 900.50 
points, or down 0.13% today. Turnover was 3.7 bil drs on 1.6 mil shs 
traded(460 m shares were advanced). The market was very slow. All 
sectors dipped except banking(up 0.19%) and insurance sectors(up 1.18%). 
Decliners led gainers 106 to 63 with 33 issues unchanged.  Most actives 
were Sigalas(187m shs cls at 1,010 drs) and Balkan Export(147m shs cls 
at 177). One block transaction, Credit bk of 18m shs at 11,800 drs was 
reported. 

Forex fixing : usd=227.100, dem=160.320, jpy=266.870

-Central Bank extended repo transactions to include foreign currency 
linked govrnment bonds, which foreign investors prefer to buy actively.
-After continuous borrowing the public debt has grown to 28.5 trillion 
drs from 27 tril drs five months ago.
-Greek mutual funds rose by 2.46 , or 41.6 bil drs in May. Net assets at 
end-May had reached 1.727 tril. drs(usd 7.6 bil) or 10.21 % of 93 GDP.
-May consumer inflation figure showed to 9.8% , 2nd month in a row in 
single digit after 22 years(My observation says not TRUE !!).

Goldenbull from Athens
ps Any questions or positive feedback is appreciated..