Subject: Greek Financial Market Update on Jul. 17 From: siatrou@cdsp.neu.edu (Steve Iatrou) Date: 17 Jul 1995 14:01:14 GMT From: Akira Ohno Subject: Greek Financial Market Update on July 17 Organization: Olympic Securities SA, member ASE ATG Index: 946.0, up 0.17% or 1.57 points. Turnover: DRS 7.08 bil on 3.17 mil shares(2.29mil shs advanced) Cinstruction sector index dropped by 0.35%1st time in 14 days continous gains.All the rest of sector indexes ended with small gains. Nireus Aqua, Ergo Bk, and Michaniki were the most active stocks. Nireus closed at 2,930 drs up 170. Couple of block transactions were observed. -Forex fixing: usd=226.445, dem= 162.150, jpy=254.625 -Athibor 1 mo: 16.61 % unchanged from last Friday -Money market: New mid July 12 mo T-bills were issued today wich drained some excess liquidity but seems not enough impact to the market. -Economic Minister expects GDP growth will be 2% in 1995 and 2.3 % in 1996, much higher than the previous estimate. Akira in Athens Stock Exchange