Alpha Bank, EFG Eurobank, Fourlis, NBG: Greek Equity Preview
The following stocks may be active in the Greek market. Symbols are in parentheses after company names and prices are from the previous close.
The benchmark ASE Index rose 33.45, or 2.2 percent, to 1,567.83. The FTSE/ASE 20 Index of the country’s biggest companies advanced 1.8 percent to 728.87 and the Cypriot General Index gained 2.2 percent 1,182.81.
Alpha Bank AE (ALPHA GA): Nouriel Roubini, the New York University economist, said it’s possible that Europe’s single currency zone may lose some of its members by the end of the decade.
“The likelihood that some of the weaker members decide to leave the monetary union during this decade is between 40 and 50 percent,” the newspaper quoted Roubini as saying in a preview of an interview to be published in tomorrow’s edition.
Fourlis Holdings SA (FOYRK GA): Small Cap World Fund reduced its stake in the Ikea franchise-holder for Greece, Bulgaria and Cyprus to below 5 percent on Jan. 24, according to an Athens bourse filing. The stock gained 0.7 percent to 5.55 euros.
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