"Dress rehearsal" for further losses in the Stock Exchange?

Either it is a "Dress rehearsal" for dwindling stock prices or the anticipation of the regular reports from Brussels during the weekend. The Greek market, taking into account the spread values of Portugal, Ireland and Greece, came under pressure by reaching the low levels of a total of 1,415 units.

The fiscal problem in Greece has created unbearable pressure in the Hellenic stock exchange so when Europe gets a breath of fresh economic air next week, the problem created within the Greek market won't just disappear into thin air.  The National Bank of Greece released a statement that it will try to get out of the Public Sector's economic packet and that might just prove to be a good thing, since the Bank's stock has been taking a beating for some time, even though its capital increase is relatively recent.

After the intervention by the European Central Bank, Greek government bonds dropped to under 900 units, coinciding with a minor recuperation of the Athens Indicator that was far from coincidental. The indicator reached 1,436.66 units, with a damage-controlled decrease of 0.28%.

The stock of the National Bank rose by 0.78% at a total of 6.42 Euros per, since a hostile purchase of 200.000 stocks took place right before day's end. A rise by 1.69% for Marfin Popular and MIG, while OPAP gained 0.89% and OTE 0.44%.

On the other hand, Agrotiki Bank liquidated 4.35%, Cyprus Bank by 3.39%. A decrease for Hellenic Postbank again by 3.11% and 1.22% for Mitilinaios. Jumbo stock declined by 1.15% and Motor Oil's by 1.06%.

Total transactions are priced at 90.7 million euros.