Public Power Corp., Sarantis May Be Active: Greek Equity Preview

The following stocks may be active the Greek market. Symbols are in parentheses after the company names and prices are from the previous close.

The benchmark ASE Index fell 36.09, or 2.3 percent, to 1,506.32. The FTSE/ASE 20 Index of the country’s biggest companies dropped 2.6 percent to 719.69. The Cypriot General Index declined 1.3 percent to 1,153.87.

Public Power Corp. SA (PPC GA): The renewable energy unit of Greece’s biggest electricity producer applied for a license for a 200 megawatt photovoltaic station in northern Greece. The shares dropped 0.7 percent to 11.27 euros.

Sarantis SA (SAR GA): The Greek distributor of cosmetics and household goods has its share-price estimate lowered to 4.10 euros from 4.38 euros at Kyprou Securities. The stock was unchanged at 3 euros.

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

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net.

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