Greek stocks ended slightly higher in the ASE on Thursday

Greek stocks ended slightly higher in the Athens Stock Exchange on Thursday, reversing a three-day decline. The general index of the market rose 0.17 pct to end at 728.76 points, off the day’s highs of 731.34 points. The Large Cap index ended 0.08 pct lower and the Mid Cap index rose 0.55 pct. Turnover was a thin 34.312 million euros in volume of 30,190,596 shares.

Hellenic Exchanges (3.21 pct), ADMIE (2.92 pct) and PPC (2.86 pct) scored big gains among blue chip stocks, while Attica Bank (9.68 pct), Eurobank (2.03 pct) and Jumbo (1.94 pct) suffered heavy losses. Among market sectors, Financial Services (2.91 pct), Utilities (2.82 pct) and Technology (1.59 pct) scored big gains, while Health (3.39 pct) and Industrial Products (1.41 pct) suffered losses.

Attica Bank and National Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 55 to 47 with another 16 issues unchanged. Mathios (19.09 pct), Chatzikraniotis (18.64 pct) and Livanis Publications (18.60 pct) were top gainers, while AEGEK (17.86 pct), CPI (17.06 pct) and Boutaris (15.38 pct) were top losers.

ADEX closing report

The December contract on the FTSE/ASE Large Cap index was trading at a discount of 0.40 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index totaled 1,884 contracts with 7,227 open positions in the market. Volume in futures contracts on equities totaled 46,227 contracts with investment interest focusing on National Bank’s contracts (20,494), followed by Alpha Bank (6,460), Piraeus Bank (4,362), Eurobank (6,447), MIG 92,118), OTE (253), PPC (520), ADMIE (400), OPAP (135), Hellenic Exchanges (110), Viohalco (278), Mytilineos (1,125), Hellenic Petroleum (352), Ellaktor (256), Jumbo (146), Intralot (1,676), Athens Water (237), Folli Follie (266), Cenergy (112) and Attica Bank (304).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds was 4.54 pct in the domestic electronic secondary bond market on Thursday, with the Greek bond yielding 4.83 pct and the German Bund yielding 0.29 pct. Turnover was strong 36 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 -0.218 pct, the six-month rate rose to -0.271 pct from -0.274 pct, the three-month rate was -0.325 pct and the one-month rate was -0.366 pct.