Greek stocks ended lower on Thursday

Greek stocks ended lower in the Athens Stock Exchange on Thursday, following a similar trend prevailing in other international markets. The general index fell 0.79 pct to 782.83 points, off the day’s lows of 778.98 points. The Large Cap index fell 0.78 pct and the Mid Cap index ended 1.83 pct higher. Turnover was a low 75.073 million euros in volume of 92,143,196 shares.

Ellaktor (1.33 pct), Grivalia Properties (1.31 pct) and Viohalco (0.95 pct) scored big gains, while PPC (3.64 pct), Hellenic Exchanges (3.28 pct) and Piraeus Port (3.04 pct) suffered the heaviest percentage losses of the day among blue chip stocks. Among market sectors, Real Estate (0.43 pct) and Food (0.23 pct) scored big gains, while Financial Services (2.53 pct) and Utilities (2.50 pct) suffered losses.

Piraeus Bank and National Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 64 to 46 with another 21 issues unchanged. Sato (19.51 pct), Leventeris (19.50 pct) and Attica bank (16.47 pct) were top gainers, while Pegasus (18.42 pct), Naftemporiki (16.67 pct) and Domiki Crete (16.20 pct) were top losers.

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds widened to 5.42 pct in the domestic electronic secondary bond market on Thursday, from 5.33 pct on Wednesday, with the Greek bond yielding 5.76 pct (5.71 pct the previous day) and the German Bund yielding 0.34 pct. Turnover was a thin 7.0 million euros.

In interbank markets, interest rates moved higher. The 12-month rate was -0.127 pct, the nine-month rate was -0.180 pct, the six-month rate was -0.251 pct, the three-month rate was -0.335 pct and the one-month rate was -0.372 pct.

ADEX closing report

The May contract on the FTSE/ASE Large Cap index was trading at a premium of 0.40 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index total 4,812 contracts with 9,463 open positions in the market, while volume in futures contracts on equities totaled 74,884 contracts with investment interest focusing on Piraeus Bank’s contracts (27,415), followed by Alpha Bank (3,771), National Bank (22,980), Eurobank (12,608), MIG (4,364), OTE (684), PPC (901), OPAP (278), Viohalco (461), Mytilineos (248), Hellenic Petroleum (287), GEK Terna (103), Ellaktor (123), Intralot (111), Folli Follie (142).