ECONOMY

Stocks end flat; privatization hopes lift ETBA

Hopes of a successful outcome to the ETBA bank’s privatization lifted the company’s shares 2.83 percent yesterday, while the broader market ended flat after spending most of the session in negative territory. Turnover fell substantially, to 42.67 million euros from 94.05 million yesterday on 8.8 million shares traded. ETBA built on early gains ending at 5.08 euros while banks, index heavyweights, firmed 0.39 percent. The prospect of a successful end to ETBA’s sale has maintained the positive momentum in the stock, said an analyst. The market is confident that the privatization of ETBA will be completed very soon, as scheduled, said Nikos Keranis, analyst at Pegasus Securities. The Athens bourse’s benchmark general index gained 0.10 percent to 2,262.29 points. Mid-caps on the FTSE/ASE-40 index ended flat at 232.72 points, while small-caps eased 0.20 percent. Blue chips on the FTSE/ASE-20 index gained 0.31 percent to 1,262.20 points. Losers beat winners 163 to 136 with 59 stocks unchanged on 358 traded. (Reuters) As a country that has known terrorism on the part of the USA, since the embargo is a form of terrorism, Cuba does not want another nation to suffer from it. We have always said and we repeat that we will never become enemies of the people of the United States. We do not want anyone to be harmed. Nevertheless, we realize that the US itself is responsible for what is happening, because it has managed to spread hate among people as well as the desire for revenge because of the things (it) has done.