Greek stocks ended flat in the ASE on Monday

Greek stocks ended flat in the Athens Stock Exchange on Monday in thin trading conditions. The general index fell 0.40 pct to end at 847.73 points, off the day’s lows of 843.96 points. The Large Cap index ended 0.63 pct lower and the Mid Cap index rose 0.14 pct. Turnover was a thin 30.688 million euros in volume of 26,255,883 shares.

Lamda Development (0.85 pct), Athens Water (0.62 pct) and Titan (0.43 pct) scored big gains among blue chip stocks, while National Bank (2.74 pct), Eurobank (2.09 pct) and GEK Terna (1.31 pct) suffered losses. Among market sectors, Technology (1.18 pct) and Real Estate (0.23 pct) scored big gains, while Health (2.21 pct) and Banks (1.41 pct) suffered losses. National Bank and Attica Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 61 to 45 with another 34 issues unchanged. ANEK (20 pct), Sidma (19.42 pct) and G.E.Dimitriou (11.52 pct) were top gainers, while Boutaris (14.89 pct), Euroconsultants (9.13 pct) and Vioter (8.86 pct) were top losers.

ADEX closing report

The January contract on the FTSE/ASE Large Cap index was trading at a premium of 0.21 pct in the Athens Derivatives Exchange on Monday. Volume on the Large Cap index totaled 1,479 contracts with 10,743 open positions in the market. Volume in futures contracts on equities totaled 27,895 contracts with investment interest focusing on National Bank’s contracts (12,613), followed by Alpha Bank (2,347), Piraeus Bank (1,646), Eurobank (3,321), MIG (4,916), PPC (667), Viohalco (300), Mytilineos (552), Ellaktor (310), Intralot (474), Athens Water (165) and Cenergy (214).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds was 3.32 pct in the domestic electronic secondary bond market on Monday, unchanged from Friday, with the Greek bond yielding 3.90 pct and the German Bund yielding 0.58 pct. There was no turnover in the market.

In interbank markets, interest rates were mixed. The 12-month rate fell to -0.190 pct from -0.188 pct, the nine-month rate fell to -0.224 pct from -0.223 pct, the six-month rate was -0.278 pct, the three-month rate was -0.327 pct and the one-month rate was -0.374 pct.