EU Expectations Push ASE Ahead
Greek Stocks move in positive territory on Friday, as the domestic market differentiates its course from the downward trend of European indices, finding support on Angela Merkel’s recent statements.
Athens market, which focuses on the European Summit today, welcomed the German Chancellor’s statements, as she appeared supportive to the strengthening of European rescue fund under certain conditions.
Analysts note that only European developments can provide any positive catalyst to reverse the negative sentiment since Alpha Bank rejected the National Bank’s proposal for a friendly merger.
However, the sentiment was noticeably improved after the announcement of the Greek Debt Management Agency that the country will skip the auction of 3-month treasury bills on March 15, because its cash balance is adequate.
Moreover, the statement of Eurogroup’s head, Jean- Claude Juncker, who expressed his confidence in Greece’s solvency, also contributed to the positive sentiment.
Across the board, the General Index is at 1572.38 units, up 1.78% in an average turnover of EUR 42mn. A total of 90 shares rise, 32 decline and 57 remain unchanged.
Banks soar, currently at 1333.84, up 4.18%. Proton Bank and Hellenic Postbank climb by 5.41% and 4.91% respectively, while Alpha Bank and National Bank gain 4.66% and 4.3% respectively.
(capital.gr)
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La Borsa di Atene ha registrato positivamente l'annullo dell'Asta dei Trimestrali, in quanto giudicato adeguato il saldo di cassa.
Continua, intanto, a crescere l'indice ASE: 1582 punti + 2,46%.
Spread sempre stabili intorno a 965 pb.