Greek stocks ended slightly lower in the Athens Stock Exchange

Greek stocks ended slightly lower in the first trading session of the week in the Athens Stock Exchange, pushing the composite index of the market below the 580-point level. The index fell 0.47 pct to end at 579.88 point, after rising as much as 0.59 pct early in the day. The Large Cap index fell 0.14 pct and the Mid Cap index ended 0.59 pct down. Turnover was a thin 28.275 million euros in volume of 47,881,419 shares.

Titan (2.07 pct), Mytilineos (1.77 pct) and Viohalco (1.54 pct) scored the biggest percentage gains among blue chip stocks, while Metka (4.71 pct), Jumbo (3.40 pct) and Folli Follie (3.05 pct) suffered heavy losses.
Among market sectors, Raw Materials (1.77 pct), Construction (1.66 pct) and Food (1.51 pct) scored big gains, while Commerce (3.05 pct) and Personal Products (2.83 pct) suffered losses.

National Bank and Cyprus Bank were the most heavily traded securities of the day. Broadly, advancers led decliners by 44 to 40 with another 19 issues unchanged. Akritas (20 pct), Boutaris (19.35 pct) and Vioter (11.11 pct) were top gainers, while Sidma (19.24 pct), Livanis Publications (14.29 pct) and Minerva (8.33 pct) were top losers.

ADEX closing report

The November contract on the FTSE/ASE Large Cap index was trading at a premium of 0.09 pct in the Athens Derivatives Exchange on Monday. Volume on the Big Cap index totaled 1,939 contracts with 8,882 open positions in the market. Volume in futures contracts on equities totaled 28,903 contracts with investment interest focusing on National Bank’s contracts (9,132), followed by Alpha Bank (4,425), Piraeus Bank (7,019), Eurobank (6,276), MIG (119), OTE (167), PPC (384), OPAP (163), Mytilineos (707), Hellenic Petroleum (154), Jumbo (86), Titan (50), Folli Follie (44), Metka (35).

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 Monday to 7.03 pct from 7.01 pct on Friday, with the Greek bond yielding 7.38 pct and the German Bund rising further to 0.35 pct. Turnover was a strong 18 million euros, of which 4.0 million were buy orders.

In interbank markets, interest rates were mixed. The 12-month rate fell to -0.070 pct from -0.069 pct, the nine-month rate fell to -0.131 pct from -0.130 pct, the six-month rate was -0.211 pct, the three-month rate was -0.312 pct and the one-month rate was -0.373 pct.