Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday

Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday, reversing a three-day rally which pushed the general index of the market 4.17 pct higher. The index eased 0.29 pct to end at 829.33 points, off the day’s lows of 826.79 points.

The Large Cap index fell 0.44 pct and the Mid Cap index ended 0.04 pct higher. Turnover was a slightly improved 66.142 million euros in volume of 37,036,472 shares. Viohalco (2.69 pct), Folli Folie (2.52 pct), Mytilineos (0.91 pct) and Lamda Development (0.88 pct) scored big gains among blue chip stocks, while Jumbo (3.25 pct), National Bank (2.29 pct) and Piraeus Bank (2.21 pct) suffered losses. Among market sectors, Commerce (2.47 pct) and Industrial Products (1.47 pct) scored big gains, while Personal Products (2.43 pct), Technology (1.93 pct) and Banks (1.36 pct) suffered heavy losses.

National Bank and Attica Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 61 to 50 with another 29 issues unchanged. Vioter (20 pct), G.E.Dimitriou (14.29 pct) and Bitros Holdings (10.53 pct) were top gainers, while Livanis Publications (19.83 pct), Progressive (16.67 pct) and Unibios (5.52 pct) were top losers.

Greek bond market closing report

The Greek electronic secondary bond market remained alive and kicking for one more session on Tuesday, with turnover rising to 96 million euros (of which 23 million were buy orders), approaching the 100-million-euro mark for the first in several years.

The yield spread between the 10-year Greek and German benchmark bonds eased to 3.50 pct from 3.56 pct on Monday, with the Greek bond yielding 4.12 pct (4.18 pct the previous day) and the German Bund yielding 0.62 pct. In interbank markets, interest rates were largely unchanged. The 12-month rate was -0.191 pct, the nine-month rate was -0.223 pct, the six-month rate was -0.271 pct, the three-month rate was -0.327 pct and the one-month rate was -0.371 pct.