Greek stocks ended lower in the Athens Stock Exchange on Thursday

Greek stocks ended lower in the Athens Stock Exchange on Thursday, reversing Wednesday’s upward reaction. The composite index of the market fell 0.15 pct to end at 642.51 points, with the Large Cap index rising 0.03 pct and the Mid Cap index falling 0.53 pct. Turnover was a thin 27.2 million euros in volume of 41.9 million euros.

Titan (2.07 pct), Aegean Airlines (1.55 pct) and GEK Terna (1.29 pct) scored the biggest percentage gains among blue chip stocks, while Eurobank (2.94 pct), Viohalco (2.14 pct) and Folli Follie (1.80 pct) suffered heavy losses.

Among market sectors, Construction (1.72 pct) and Food/Beverages (1.19 pct) scored big gains, while Technology (1.85 pct) and Commerce (1.80 pct) suffered losses.

National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 66 to 42 with another 135 issues unchanged. Intertek (26.44 pct), Fieratex (4.69 pct) and Reds (4.10 pct) were top gainers, while Ilyda (10 pct), Epilektos (9.82 pct) and Kekrops (9.74 pct) were top losers.

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds fell to 6.74 pct in the domestic electronic secondary bond market on Thursday, from 6.80 pct the previous day, with the Greek bond yielding 7.11 pct and the German Bund yielding 0.37 pct. There was no turnover in the market.

In interbank markets, interest rates were largely unchanged. The 12-month rate fell to -0.100 pct from -0.099 pct, the nine-month rate was -0.154 pct, the six-month rate was -0.240 pct, the three-month rate was -0.329 pct and the one-month rate was -0.372 pct.