Greek stocks ended flat on Wednesday

Greek stocks ended flat in the Athens Stock Exchange on Wednesday, with the general index of the market rising 0.04 pct to end at 789.08 points, ending a two-day decline. The index surpassed the 800-point level during the session. The Large Cap index fell 0.04 pct and the Mid Cap index rose 1.33 pct. Turnover was a heavy 123.7 million euros in volume of 138.12 million euros.

Ellaktor (3.45 pct), Viohalco (2.43 pct) and Lamda Developoment (2.06 pct) scored the biggest percentage gains of the day among blue chip stocks, while Aegean Airlines (3.59 pct), PPC (2.14 pct) and Titan (1.48 pct) suffered losses. Among market sectors, Media (9.09 pct) and Financial Services (1.14 pct) made the greatest gains, while Utilities (1.63 pct) and Travel (1.14 pct) suffered losses.

National Bank and Piraeus Bank were the most heavily traded securities. Broadly, advancers led decliners by 69 to 44 with another 129 issues unchanged. Logismos (29.66 pct), Dromeas (10 pct) and Haidemenos (9.35 pct) were top gainers, while Leventeris (19.44 pct), Bitros (14.15 pct) and Intertek (10.16 pct) were top losers.

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened slightly to 5.33 pct in the domestic electronic secondary bond market on Wednesday, from 5.28 pct the previous day, with the Greek bond yielding 5.71 pct and the German Bund yielding 0.38pct. Turnover was a thin 3.0 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.129 pct, the nine-month rate was -0.180 pct, the six-month rate rose to -0.251 pct from -0.254 pct, the three-month rate was -0.331 pct and the one-month rate was -0.371 pct.