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

Greek stocks ended slightly lower in the Athens Stock Exchange on Tuesday, with the composite index of the market falling 0.29 pct to close at 578.17 points, off the day’s lows of 578. The Large Cap index eased 0.50 pct and the Mid Cap index rose 0.54 pct. Turnover was a thin 36.385 million euros in volume of 42,073,052 shares.

Mytilineos (3.67 pct), Jumbo (2.02 pct) and Motor Oil (1.46 pct) scored the biggest percentage gains of the day, while Metka (4.81 pct), Athens Water (4.40 pct) and Viohalco (3.71 pct) suffered heavy losses.

MSCI removed Intralot and Attica Bank from its MSCI Small Cap Greece index and left its MSCI Standard Greece index unchanged (including OPAP, OTE, National Bank, Piraeus Bank, Alpha Bank, Eurobank, Folli Follie, Jumbo and Titan).
Among market sectors, Chemicals (4.28 pct) and Raw Materials (3.67 pct) scored big gains, while Travel (2.02 pct) and Utilities (1.84 pct) suffered losses. National Bank and Piraeus Bank were the most heavily traded securities of the day. Broadly, decliners led advancers by 51 to 38 with another 19 issues unchanged. Moda Bagno (26.96 pct), Boutaris (18.92 pct) and Mermeren (14.75 pct) were top gainers, while Evrofarma (25 pct), Perseus (10.78 pct) and Elgeka (10 pct) were top losers.

Greek bond market closing report

The yield spread between the 10-year Greek and German benchmark bonds rose slightly in the domestic electronic secondary bond market on Tuesday, moving upwards for the second day after a two-week decline, to 7.13 pct from 7.03 pct the previous day. The Greek bond yielded 7.42 pct and the German Bund yielded 0.29 pct. Turnover was 2.0 million euros all sell orders.

In interbank markets, interest rates were mixed. The 12-month rate fell to -0.071 pct from -0.070 pct, the nine-month rate rose to -0.130 pct from -0.131 pct, the six-month rate was -0.210 pct, the three-month rate was -0.312 pct and the one-month rate was -0.373 pct.

ADEX closing report

The November contract on the FTSE/ASE Large Cap index was trading at a premium of 0.34 pct in the Athens Derivatives Exchange on Tuesday. Volume on the Big Cap index totaled 5,167 contracts with 8,844 open positions in the market.

Volume in futures contracts on equities totaled 43,176 contracts with investment interest focusing on National Bank’s contracts (21,009), followed by Alpha Bank (7,799), Piraeus Bank (6,389), Eurobank (3,403), MIG (174), OTE (391), PPC (255), OPAP (491), Metka (336), Mytilineos (2,245), GEK Terna (95), Corinth Pipeworks (97), Hellenic Petroleum (188), Ellaktor 943) and Viohalco (30).