News Headline Summary

Following S&P's upgrade of Greece to B- from Selective Default and the ECB confirming that Greek debt is now eligible for use as collateral Greek yields have seen a continued decline and there has been strength in the Athens stock exchange ...

Analysis details (14:26)

- The yield of the Greek 10-year briefly dropped below 11.000% although currently trades around 11.250%, falling 125bps on the day.
- The Greek ASE Index opened higher and currently is holding on to gains of 4.00%.
- Financials is the top performing sector in Greece, currently trading up 8.19%.

19 Dec 2012 - 14:25 - Equities - Source: RANsquawk

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