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March 10, 2010, 3:37 a.m. EST · Recommend ·

Hellenic Exchange Holding cut to hold at Citigroup

Alert Email Print By Barbara Kollmeyer

MADRID (MarketWatch) -- Greek holding company Hellenic Exchange Holding was downgraded to hold from buy with its risk rating moved to high at Citigroup, which said with prolonged weakness ahead in the economy, it's too early to turn positive on Greek equity market fundamentals even after a bailout scenario. Economic weakness could hit market performance and traded volumes, the investment bank said.

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