Greek stocks ended higher in the Athens Stock Exchange on Friday

Greek stocks ended higher in the Athens Stock Exchange on Friday, pushing the general index of the market above the 850-point level for the first time since July 20, 2017. The index rose 0.49 pct to end at 851.12 points, off the day’s highs of 854.27 points. The index ended the week with a net gain of 2.58 pct, rising 6.08 pct so far this year.

The Large Cap index rose 0.60 pct and the Mid Cap index ended 1.35 pct higher. Turnover was a moderate 72.138 million euros in volume of 59,767,960 shares.

Athens Water (2.36 pct), Alpha Bank (1.53 pct) and Hellenic Exchanges (1.27 pct) scored big gains among blue chip stocks, while Viohalco (1.43 pct), Sarantis (1.04 pct) and ADMIE (0.92 pct) suffered losses. Among market sectors, Health (4.10 pct), Travel (1.20 pct) and Food (0.95 pct) scored big gains with only Industrial Products ending lower (-0.03 pct).

National Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 71 to 46 with another 29 issues unchanged. Medicon (17.42 pct), Sfakianakis (10.14 pct) and Mathios (8.89 pct) were top gainers, while Sato (18.52 pct), Spyrou Farm (7.05 pct) and Kiriakoulis (5.41 pct) were top losers.

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened to 3.32 pct in the domestic electronic secondary bond market on Friday, from 3.19 pct on Thursday, with the Greek bond rising to 3.90 pct (3.78 pct the previous day) and the German Bund rising to 0.58 pct. There was no turnover in the market.

In interbank markets, interest rates were mixed. The 12-month rate rose to -0.187 pct from -0.188 pct, the nine-month rate fell to -0.227 pct from -0.223 pct, the six-month rate was -0.274 pct, the three-month rate was -0.327 pct and the one-month rate was -0.371 pct.