Greek stocks ended lower in the Athens Stock Exchange on Thursday

Greek stocks ended lower in the Athens Stock Exchange on Thursday in thin trading conditions. The composite index of the market fell 0.67 pct to end at 674.40 points, off the day’s lows of 673.29 points. The Large Cap index fell 0.54 pct and the Mid Cap index eased 0.61 pct, Turnover was a thin 26.145 million euros in volume of 33,241,893 shares.

OTE (1.38 pct), Piraeus Port (0.91 pct) and Grivalia Properties (0.61 pct) scored the biggest percentage gains of the day among blue chip stocks, while National Bank (2.34 pct), Eurobank (2.27 pct) and Hellenic Exchanges (2.27 pct) suffered heavy losses. Among market sectors, Telecoms (1.38 pct), Travel (0.41 pct) and Food (0.12 pct) scored big gains, while Utilities (1.89 pct), Financial Services (1.80 pct) and Banks (1.56 pct) suffered losses. National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 63 to 34 with another 28 issues unchanged. Bitros (28.99 pct), Euromedica (20 pct) and Progressive (19.57 pct) were top gainers, while GE Dimitriou (20 pct), Sato (18.75 pct) and Alpha Astika (12.59 pct) were top losers.

ADEX closing report

The April contract on the FTSE/ASE Large Cap index was trading at a discount of 0.02 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index totaled 6,703 contracts with 8,864 open positions in the market. Volume in futures contracts on equities totaled 24,163 contracts with investment interest focusing on Piraeus Bank’s contracts (11,382), followed by Alpha Bank (2,494), National Bank (4,416), Eurobank (4,205), MIG (305), OTE (250), PPC (368), Mytilineos (120), Hellenic Petroleum (195), Ellaktor (141).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds eased slightly to 6.51 pct in the domestic electronic secondary bond market on Thursday, from 6.52 pct the previous day, with the Greek bond yielding 6.75 pct and the German Bund yielding 0.20 pct. There was no turnover in the market.

In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.124 pct, the nine-month rate was -0.183 pct, the six-month rate was -0.249 pct, the three-month rate was -0.332 pct and the one-month rate was -0.372 pct.