Subject: Greek Financial Market Update on June 19 Topic: misc-news From: Rising Sun Athens stocks ended lower at 911.59 points, down 0.34%. Turnover was 2.5 bil drachma on 1.5 mil shares traded(802m shs advanced).Top 5 turnover shares were Commercial bk(257mil drs), AEGEK(187mil), Alpha Credit Bk(176mil), Hel Bottling(165mil),and Teletypos-MEGA(136mil),which occupied 36 % of total. Balkan Export was the heaviest volume(437m shs), representing 28 % of total shares traded today. Teletypos-MEGA,TV broadcasting, hit almost the cealing at 7.94% closing 1,074drs.Intracom dropped to 6,565(-195)drs, and Ergo Bk at 10,295(-160 )drs. Papastratos hit another limit up. -Forex fixing: usd=226.135, dem=161.760, jpy=261.770 -Greek earthquake killed 23 people so far including 10 French tourists. Rescue workers abandoned hope of recovering any more survivors at the site. -Lesvos Shipping Company(NEL) will start q 4 day IPO starting on Tuesday to raise 2 bil drs and enter the main market.(They will sell 1.8 mil shs of common shares at 1,100 drs). -Teletypos, owner of Mega TV channel will proceed 10 % share buy-back to energize ailing stocks.(This news boosted the stock today as reported). -Central Bank wil not issue end-June T-Bill but will issue longer term debt instruments. -OECD's economic outlook reported Greek inflation will drop to 9.2 % in 1995 and 7% in 1996. Also GDP growth will speed up to 1.9% this year and 2.3 % in 1996. Goldenbull from Athens,