Subject: Greek Financial Market Update on June 7 Topic: misc-news From: Rising Sun Greek stocks fell again in light trading volume, closing the General Index at 893.13 points or down 0.82%. Turnover was 3.7 bil drachma on 2.4 mil shares traded(1.98 mil shs declined). One block transaction, Bk of Attica(1mil shs at 861 drs) occupied 41 % of the total volume!! Decliners led gainers 142 to 45 with 21 issues unchanged on 208 traded. 2nd most active was Ideal Refract(149m shs). Traded volume of blue chips was marginal. Major percentage gainers and losers do not reflect meaningful volume. The market was very slow. Forex Finxing: USD= 226.600, DEM= 160.590, JPY=267.875 -Emerging markets in central and eastern Europw are going to benefit from the slowdown in Latin America. Polish economy is expected to grow by 6 % this year compared to Latin America's 1.8 %. -Greek consumer inflation stood at 10.3 % on anannualized basis. Nat'l Economy Minister is expecting 7% year-end target. -Former US president George Bush will visit Thessaloniki on Sunday in a show of support for Burgas-Alexandroupolis oil pipeline. ( My guess is just on vacation!) Technical indicators of Athens Stock Exchange Index as of Jun 6: 5 day Moving Average(MA)= 894.91 14 day MA= 902.55 200 day MA= 842.85 RSI(14 days)= 55.74 Good day, everyone from Goldenbull in Athens