Public Power, Alpha Bank, EFG Eurobank Ergasias: 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 rose 12.45, or 0.8 percent, to 1,486.5. The FTSE/ASE 20 Index of the country’s biggest companies advanced 0.4 percent to 705.55, while the Cypriot General Index lost 1.6 percent to 1,123.27.

Alpha Bank SA (ALPHA GA): Standard & Poor’s placed its long-term and short-term ratings for all Greek lenders on negative watch. Alpha’s shares lost 1.4 percent to 4.40 euros. EFG Eurobank Ergasias SA (EUROB GA) rose 1 percent to 4.18 euros. National Bank of Greece SA (ETE GA), the country’s biggest lender, declined 2.2 percent to 6.71 euros.

Public Power Corp. SA (PPC GA): Greece’s biggest electricity producer said five companies submitted bids at “competitive prices” for liquefied nitrogen gas cargo shipments in the first-quarter of next year. Public Power said the shipments will lead to “saving on the fuel cost.” The stock added 0.5 percent to 10.93 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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