Alpha Bank, Eurobank, NBG, Titan Cement: Greek Stock 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 36.02, or 2.3 percent, to 1,580.90. The FTSE/ASE 20 Index of the country’s biggest companies advanced 2.7 percent to 731.17 and the Cypriot General Index gained 4.6 percent to 1,048.58.
National Bank of Greece SA (ETE) : Euro-area leaders agreed March 12 to lower Greece’s interest rates on its emergency loans and extend the repayment period. The stock for the nation’s largest lender added 3.8 percent to 6.52 euros. EFG Eurobank Ergasias SA (EUROB) , the country’s second-largest bank, gained 2.9 percent to 4.68 euros. Alpha Bank SA (ALPHA GA) rose 4.2 percent to 4.92 euros.
Titan Cement Co SA (TITK) : Greece’s largest cement producer had its share price estimate raised to 16.90 euros from 16 euros at Proton Bank. The stock rose 0.2 percent to 17.54 euros.
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