Athens News Agency: News in English, 01-08-20

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Athens, Nicosia, Tel Aviv bourses to create combined east Med index

[02] Athens Stock Exchange opening: stocks fall in thin trade

[03] Foreign Exchange - Monday

[04] Greece - FYROM - PM - FM

[01] Athens, Nicosia, Tel Aviv bourses to create combined east Med index

Representatives of the Athens, Cyprus and Tel Aviv stock exchanges are to meet in Nicosia on Monday to discuss creating a combined southeast Mediterranean markets index grouping selected stocks from all three bourses, according to a press release from the Athens stock exchange.

Also participating in the meeting will be FTSE International, the international index provider, as the future fourth member of a marketing joint venture that the three bourses plan to set up within a year.

[02] Athens Stock Exchange opening: stocks fall in thin trade

Equities were falling at the opening of trade Monday on the Athens Stock Exchange, as the bourse got off to a lacklustre start attributed to the holiday season and the absence of investors. The general index was down 0.31 percent at 2,684.72 points and turnover was 3.2 million euro.

Individual sector indices were mostly moving down with the biggest losses for investments, down 1.51 per cent. The biggest gains were for the parallel market, up 0.22 per cent.

The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.21 percent, the FTSE/ASE MID 40 index was down 0.28 percent, and the FTSE/ASE SMALLCAP index was down 0.31 percent.

Of the stocks moved, 65 were up, 99 were down and 54 were unchanged.

[03] Foreign Exchange - Monday

Indicative buying rates for Monday

U.S. dollar 369.898

German mark 172.829

French franc 051.531

Pound sterling 534.258

Irish punt 429.202

Belgian franc 008.379

Luxembourg franc 008.379

Dutch guilder 153.389

Italian lira (100) 017.457

Austrian schilling 024.565

Danish kroner 45.401

Swedish kroner 36.210

Finnish mark 056.852

Spanish peseta 002.032

Portuguese escudo 001.686

Japanese yen (100) 306.347

Swiss franc 222.639

Norwegian kroner 041.564

Cyprus pound 588.901

Canadian dollar 240.540

Australian dollar 197.444

[04] Greece - FYROM - PM - FM

Greek Foreign Minister George Papandreou met with Former Yugoslav Republic of Macedonia (FYROM) Prime Minister Ljubco Georgievski on Saturday evening at a resort in Crete for talks focusing on the latest developments in the neighbouring country.

Georgievski, who is on holiday in Greece, reportedly requested economic aid from Greece during the 45-minute meeting, sources said.

Earlier in the day, Papandreou called recent developments in FYROM positive following the conclusion of a political agreement between the Skopje government and the two main ethnic Albanian parties.

?I believe that conditions today in FYROM are, of course, better, although without having overcome the dangers, but there is a new dynamic,? Papandreou said.

He also aired a hope that ?ethnic differences in FYROM will soon be resolved based on the recently signed agreement, in order along with everything else for us to derive a lasting resolution to the name issue.?

Athens News Agency: News in English Directory - Previous Article - Next Article