Subject: Greek Financial Market Update on July 3 From: Rising Sun Athens General Index: 905.40 up 1.16% or 10.38 points. Turnover: 3.3 billion drachma on 1.44 mil shares(1.03 mil shs advanced) Hell bottling was number one turnover with 263 mil drs, and Delta Dairy(238milO, ETEM(230 mil), and Alpha Cr Bk(221mil) followed. Michaniki appeared at nineth position with 80 mil traded closing at 3,495 up 100. Ionian Bk, Comm Bk, AKTOR were actively traded. Secondary bond market was not active. Trading volume and yields were flat. -Forex fixing: usd= 224.845, dem= 162.626 -ATHIBOR: 1mo 15.56% -Tecnical analysis as of June 30 14 day MA=908.45, 200 MA=847.59, RSI(14 day)= 46.07%, 30 day MOM=-27.84 -Alpha Credit Bk will keep its prime rate at 17.75%. -Greek official inflation rate for Jun will be released this week. Academinc economists are forecasting the consumer price inflation in June at 9.6 %. -Proodeftiki construction posted pretax profit of 1.715 bil, up 22 % on 1993. Goldenbull