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

Greek stocks ended slightly higher in the Athens Stock Exchange on Thursday, with the composite index of the market rising 0.37 pct to end at 649.52 points, after falling as much as 0.62 early in the day.

The Large Cap index rose 0.22 pct and the Mid Cap index ended 0.46 pct higher. Turnover was a low 35.707 million euros in volume of 59,147,936 shares. National Bank (2.54 pct), Ellaktor (1.82 pct) and Lamda Development (1.77 pct) scored the biggest percentage gains of the day among blue chip stocks, while Terna Energy (2.10 pct), PPC (1.48 pct) and OTE (1.14 pct) suffered heavy losses. Among market sectors, Commerce (1.51 pct) and Financial Services (1.48 pct) scored big gains, while Utilities (1.41 pct) and Telecoms (1.14 pct) suffered losses.

Piraeus Bank and National Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 68 to 40 with another 27 issues unchanged. Moda Bagno (24.42 pct), Chatzikraniotis (18.75 pct) and AEGEK (18.42 pct) were top gainers, while Alpha Grissin (16 pct), Elinoil (15.45 pct) and Akritas (12.12 pct) were top losers.

ADEX closing report

The March contract on the FTSE/ASE Large Cap was trading at a premium of 0.19 pct in the Athens Derivatives Exchange on Thursday. Volume on the Big Cap index totaled 1,915 contracts with 7,841 open positions in the market. Volume in futures contracts on equities totaled 77,568 contracts with investment interest focusing on Piraeus Bank’s contracts (31,288), followed by Alpha Bank (4,586), National Bank (28,387), Eurobank (9,763), MIG (1,591), OTE (547), PPC (214), OPAP (208), Viohalco (175), Mytilineos (100), Hellenic Petroleum (329), Ellaktor (120), Intralot (85) and Folli Follie (48).

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds rose slightly to 6.96 pct in the domestic electronic secondary bond market on Thursday, from 6.93 pct the previous day, with the Greek bond yielding 7.31 pct and the German Bund yielding 0.22 pct. There was no turnover in the market.

In interbank markets, interest rates were mixed. The 12-month rate was -0.111 pct, the nine-month rate rose to -0.170 pct from -0.171 pct, the six-month rate was -0.238 pct, the three-month rate was -0.329 pct and the one-month rate fell to -0.371 pct from -0.370 pct.