Greek stocks ended lower in the first trading session of the week in the Athens Stock Exchange, pushing the general index of the market below the 840-point level. The index fell 0.84 pct to end at 837.04 points, off the day’s lows of 836.82 points.
The Large Cap index eased 0.63 pct and the Mid Cap index ended 1.06 pct lower. Turnover was a thin 32.069 million euros in volume of 21,094,109 shares. Motor Oil (1.97 pct), GEK Terna (1.33 pct) and Coca Cola HBC (0.53 pct) scored big gains among blue chip stocks, while Athens Water (4.76 pct), Lamda Development (3.11 pct) and Hellenic Exchanges (2.49 pct) suffered heavy losses. Among market sectors, Oil (0.53 pct) and Food (0.51 pct) scored gains, while Financial Services (2.82 pct), Utilities (2.04 pct) and Health (2.02 pct) suffered losses.
National Bank and Eurobank were the most heavily traded securities of the day. Broadly, decliners led advancers by 68 to 41 with another 23 issues unchanged. Pasal (16.42 pct), Lavipharm (15.20 pct) and Evrofarma (10 pct) were top gainers, while Sfakianakis (15.93 pct), Spyrou (9.84 pct) and Minerva (9.60 pct) were top losers.
ADEX closing report
The March contract on the FTSE/ASE Large Cap index was trading at a premium of 0.23 pct in the Athens Derivatives Exchange on Monday. Volume on the Large Cap index totaled 1,006 contracts with 13,669 open positions in the market. Volume in futures contracts on equities totaled 17,285 contracts with investment interest focusing on MIG’s contracts (3,812), followed by Alpha Bank (1,988), Piraeus Bank (1,610), Eurobank (2,328), National Bank (3,683), OTE (346), PPC (616), OPAP (147), ADMIE (137), Hellenic Exchanges (169), Hellenic Petroleum (107), GEK Terna (208), Ellaktor (546), Intralot (307), Athens Water (171), Terna Energy (207), Cenergy (106) and Attica Bank (372).
Greek bond market closing report
The yield spread between the 10-year Greek and German benchmark bonds grew slightly to 3.77 pct in the domestic electronic secondary bond market on Monday, from 3.69 pct on Friday, with the Greek bond yielding 4.41 pct (4.34 pct last week) and the German Bund yielding 0.65 pct. Turnover was a thin 4.0 million euros, all buy orders.
In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.190 pct, the nine-month rate was -0.222 pct, the six-moth rate was -0.271 pct, the three-month rate was -0.328 pct and the one-month rate was -0.371 pct.