Alpha Bank, Intralot, Marfin Invest, Titan Cement: Greek 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 dropped 3.98, or 0.3 percent, to 1,436.66. The FTSE/ASE 20 Index of the country’s biggest companies declined 0.2 percent to 676.72, while the Cypriot General Index lost 1.2 percent to 1,098.55.

Alpha Bank SA (ALPHA GA): Greece’s third-biggest lender had its share-price estimate raised to 5.2 euros from 4.7 euros at JPMorgan Chase & Co. The shares declined 0.9 percent to 4.46 euros.

Intralot SA (INLOT GA): The world’s second-biggest gambling services provider reported a 26 percent fall in third-quarter profit to 11.7 million euros ($15.5 million). The shares dropped 2.1 percent to 2.80 euros.

Marfin Investment Group SA (MIG GA): The biggest buyout fund in southeast Europe posted a net loss of 1.4 billion euros in the first nine months of the year. The stock added 1.7 percent to 60 cents.

Motor Oil Hellas SA (MOH GA): Citigroup Inc. lowered its share-price estimate for Greece’s second-biggest refiner to 9 euros from 9.50 euros. The stock fell 1.1 percent to 7.44 euros.

Opap SA (OPAP GA): The agents union of Europe’s biggest listed gambling company holds a second 48-hour strike starting today, according to a statement posted on its website.

The two-day agents strike last week caused a loss of about 24 million euros ($31.8 million) in revenue for Europe’s biggest listed gambling company, Imerisia newspaper reported, without saying where it got the information. The stock added 0.9 percent to 12.52 euros.

Titan Cement Co SA (TITK GA): Greece’s biggest producer of the building material had its share-price estimate cut to 16 euros from 16.50 euros at Proton Bank. The shares dropped 1.7 percent to 14.62 euros.

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

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

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