Ellaktor, Jumbo, Marfin Popular: Greek Equity Market Preview

The following stocks may rise or fall in the Greek market today. Symbols are in parentheses after the company names and prices are from the previous close.

The benchmark ASE Index added 38.15, or 2.6 percent, to 1,502.83. The FTSE/ASE 20 Index of the country’s biggest companies advanced 2.9 percent to 712.36, while the Cypriot General Index fell 0.9 percent to 1,125.29.

Ellaktor SA (ELLAKTOR GA): Greece’s biggest builder had its share price estimate lowered to 6.5 euros from 7.4 euros at HSBC Holdings Plc on weak construction and concession fundamentals. The stock advanced 2 percent to 3.5 euros.

Jumbo SA (BELA GA): Citigroup Inc. maintained its “hold” rating on Greece’s biggest toy and baby products retailer on “short-term headwinds.” The stock added 3.9 percent to 5.39 euros.

Marfin Popular Bank Pcl. (MARFB GA): Cyprus’s second- biggest lender got shareholder approval for a 488.6 million-euro ($668.5 million) share capital increase and the issuance of as much as 660 million euros in convertible capital securities. The shares were unchanged at 1.18 euros.

To contact the reporter on this story: Natalie Weeks in Athens nweeks2@bloomberg.net.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net.

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