Athens Stocks moves in a fluctuating mood within a narrow margin on Friday, as the General Index trades in a moderate turnover.
The domestic market focuses on the criteria of bank stress tests, which were published by the European Banking Authority. The haircuts applied to Greek bonds include 5.2% for two-year debt, 12.6% for five-year and 17.1% for 10-year.
Meanwhile, the decision of the UN Security Council on military action against the forces of Gaddafi in Libya causes concern in the exchanges and nervousness in the oil market.
The price of brent, which recorded a 3.9% increase yesterday, maintains an upward trend on Friday, reaching $116 per barrel, while Credit Suisse reviewed its assessment of the average brent price by 25% to $105.8 from $85.
Analysts comment that this development triggers worldwide uncertainty, while the interest is still centered in the nuclear crisis in Japan. G-7 authorities agreed to act in concert and cooperate to counter a sharp rise in the yen.
Analysts estimate that the Greek market cannot differentiate its course from foreign indices due to the intensified nervousness.
Across the board, the General Index is at 1,611.26, down 0.57% in a turnover of EUR 36mn. A total amount of 44 shares rise, 64 decline and 43 remain unchanged.
Banks decline by 0.86%, at 1391.56 units. Attica Bank and Alpha Bank rise by 0.94% and 0.19% respectively, while Marfin Popular Bank, National Bank and Bank of Cyprus decline by 2.13%, 1.57% and 1.46%.
The domestic market focuses on the criteria of bank stress tests, which were published by the European Banking Authority. The haircuts applied to Greek bonds include 5.2% for two-year debt, 12.6% for five-year and 17.1% for 10-year.
Meanwhile, the decision of the UN Security Council on military action against the forces of Gaddafi in Libya causes concern in the exchanges and nervousness in the oil market.
The price of brent, which recorded a 3.9% increase yesterday, maintains an upward trend on Friday, reaching $116 per barrel, while Credit Suisse reviewed its assessment of the average brent price by 25% to $105.8 from $85.
Analysts comment that this development triggers worldwide uncertainty, while the interest is still centered in the nuclear crisis in Japan. G-7 authorities agreed to act in concert and cooperate to counter a sharp rise in the yen.
Analysts estimate that the Greek market cannot differentiate its course from foreign indices due to the intensified nervousness.
Across the board, the General Index is at 1,611.26, down 0.57% in a turnover of EUR 36mn. A total amount of 44 shares rise, 64 decline and 43 remain unchanged.
Banks decline by 0.86%, at 1391.56 units. Attica Bank and Alpha Bank rise by 0.94% and 0.19% respectively, while Marfin Popular Bank, National Bank and Bank of Cyprus decline by 2.13%, 1.57% and 1.46%.
