Greek stocks ended slightly lower in the Athens Stock Exchange on Wednesday. Traders said the market remained vurnerable. The general index fell 0.50 pct to end at 736.64 points, off the day’s lows of 730.79 points. The Large Cap index eased 0.68 pct and the Mid Cap index eased 0.08 pct. Turnover was an improved 85.916 million euros in volume of 157,949,200 shares.
Viohalco (4.14 pct), Ellaktor (2.74 pct) and Jumbo (2.10 pct) scored big gains among blue chip stocks, while Motor Oil (3.74 pct), Alpha Bank (2.48 pct) and Attica Bank (1.69 pct) suffered heavy losses. Among market sectors, Industrial Products (3.06 pct) and Personal Products (1.62 pct) scored big gains, while Oil (3.03 pct) and Commerce (1.57 pct) suffered losses.
National Bank and Alpha Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 57 to 50 with another 23 issues unchanged. Naftemporiki (19.74 pct), Progressive (18 pct) and Athina (16.47 pct) were top gainers, while AEGEK (20 pct), Bitros (19.25 pct) and Sato (18.75 pct) were top losers.
ADEX closing report
The October contract on the FTSE/ASE Large Cap index was trading at a discount of 0.16 pct in the Athens Derivatives Exchange on Wednesday. Volume on the Big Cap index totaled 1,936 contracts with 4,931 open positions in the market. Volume in futures contracts on equities totaled 117,265 contracts with investment interest focusing on National Bank’s contracts (81,083), followed by Alpha Bank (11,241), Piraeus Bank (8,280), Eurobank (8,763), MIG (4,882), OTE (230), PPC (326), OPAP (141), Viohalco (591), Mytilineos (334), Hellenic Petroleum (110), Attica Bank (285) and ADMIE (168).
Greek bond market closing report
The yield spread between the 10-year Greek and German benchmark bonds was 5.27 pct in the domestic electronic secondary bond market on Wednesday, with the Greek bond yielding 5.74 pct and the German Bund yielding 0.47 pct. Turnover was a thin 4.0 million euros.
In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.171 pct, the nine-month rate was -0.219 pct, the six-month rate was -0.272 pct, the three-month rate was -0.329 pct and the one-month rate was -0.372 pct.