Greek stocks ended slightly higher in the Athens Stock Exchange on Monday

Greek stocks ended slightly higher in the Athens Stock Exchange on Monday, in low trading conditions as investors remained on the sidelines awaiting the outcome of a crucial Eurogroup meeting. The general index of the market rose 0.56 pct to end at 788.53 points, off the day’s highs of 788.94 points. The Large Cap index rose 0.73 pct and the Mid Cap index ended 0.89 pct higher. Turnover was a low 70.408 million euros in volume of 103,627,010 shares.

OPAP (3.65 pct), OTE (2.90 pct) and Sarantis (2.55 pct) scored the biggest percentage gains among blue chip stocks, while Alpha Bank (1.81 pct), GEK Terna (1.21 pct) and Viohalco (0.96 pct) suffered heavy losses.

Among market sectors, Travel (3.19 pct) and Telecoms (2.90 pct) scored big gains, while Constructions (0.69 pct) and Raw Materials (0.65 pct) suffered losses. National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 58 to 47 with another 23 issues unchanged. Intertek (29.25 pct), Sato (18.97 pct) and G.E. Dimitriou (18.75 pct) were top gainers, while Leventeris (16.67 pct), Boutaris (13.04 pct) and Ilyda (9.75 pct) were top losers.

ADEX closing report

The June contract on the FTSE/ASE Large Cap index was trading at a premium of 0.11 pct in the Athens Derivatives Exchanges on Monday. Volume on the Big Cap index totaled 1,769 contracts with 7,514 open positions in the market. Volume in futures contracts on equities totaled 100,156 contracts with investment interest focusing on Piraeus Bank’s contracts (43,410), followed by Alpha Bank (5,874), National Bank (33,453), Eurobank (10,127), MIG (3,748), OTE (1,119), PPC (404), OPAP (457), Viohalco (278), Mytilineos (650), Hellenic Petroleum (150), Ellaktor (165), Intralot (84).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds eased slightly to 5.37 pct in the domestic electronic secondary bond market on Monday, from 5.44 pct on Friday, with the Greek bond yielding 5.75 pct and the German Bund yielding 0.38 pct. Turnover was an improved 6.0 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.129 pct, the nine-month rate was -0.179 pct, the six-month rate rose to -0.251 pct from -0.254 pct, the three-month rate was -0.329 pct and the one-month rate was -0.374 pct.