Greek stocks eased on Wednesday

Greek stocks eased on Wednesday, with the general index of the market losing 0.14 pct to end at 811.70 points, off the day’s lows of 805.74 points. The Large Cap index fell 0.48 pct and the Mid Cap index ended 2.12 pct higher. Turnover was a low 44.761 million euros in volume of 37,440,634 shares.

Attica Bank (4.65 pct), Sarantis (3.45 pct) and ADMIE (2.48 pct) scored the biggest percentage gains of the day, while Aegean Airlines (2.44 pct), Lamda Development (1.76 pct) and Alpha Bank (1.44 pct) suffered heavy losses. Among market sectors, Health (2.14 pct), Technology (2.07 pct) and Utilities (1.90 pct) were top gaienrs, while Food (1.07 pct) and Raw Materials (1.07 pct) suffered losses.

National Bank and Attica Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 60 to 44 with another 24 issues unchanged. Pairis (27.64 pct), Dionic (19.83 pct) and Sato (18.60 pct) were top gainers, while Kordellou Bros (18.89 pct), Progressive (14.29 pct) and Chatzikraniotis (13.46 pct) were top losers.

ADEX closing report

The September contract on the FTSE/ASE Large Cap index was trading at a premium of 0.03 pct in the Athens Derivatives Exchange on Wednesday. Volume on the Big Cap index totaled 1,706 contracts with 4,860 open positions in the market. Volume in futures contracts on equities totaled 72,442 contracts with investment interest focusing on National Bank’s contracts (19,968), followed by Alpha Bank (8,829), Piraeus Bank (17,117), Eurobank (7,424), MIG (3,561), OTE (920), PPC (447), ADMIE (218), OPAP (641), Hellenic Exchanges (217), Viohalco (5,054), Mytilineos (509), Hellenic Petroleum (1,294), Motor Oil (244), Jumbo (256), Intralot (477), Terna Energy (115), Athens Water (245) and Cenergy (4,714).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 5.17 pct in the domestic electronic secondary bond market on Wednesday, from 5.15 pct the previous day, with the Greek bond yielding 5.50 pct and the German Bund yielding 0.33 pct. There was no turnover in the market.

In interbank markets, interest rates were mixed. The 12-month rate fell to -0.163 pct from -0.161 pct, the nine-month rate was -0.214 pct, the six-month rate fell to -0.278 pct from -0.274 pct, the three-month rate was -0.334 pct and the one-month rate rose to -0.371 pct.