Greek stocks ended slightly lower in the first trading session of the week in the Athens Stock Exchange on Monday. The general index of the market eased 0.22 pct to end at 761.91 points, off the day’s lows of 755.23 points. The Large Cap index ended 0.14 pct lower and the Mid Cap index eased 0.33 pct. Turnover was a thin 30.931 million euros in volume of 24,196,069 shares.
OTE (1.89 pct), Attica Bank (1.85 pct) and Hellenic Petroleum (1.49 pct) were top gainers among blue chip stocks, while Eurobank (4.39 pct), Piraeus Bank (2.83 pct) and National Bank (2.09 pct) suffered heavy losses. Among market sectors, Telecoms (1.89 pct) and Oil (0.92 pct) scored big gains, while Banks (2.27 pct) and Real Estate (1.22 pct) suffered losses. National Bank and Eurobank were the most heavily traded securities of the day. Broadly, decliners led advancers by 57 to 46 with another 22 issues unchanged. Forthnet (19.85 pct), Tzirakian (19.23 pct) and Lanakam (18.93 pct) were top gainers, while Athina (19.85 pct), Leventeris (16.11 pct) and Mathios (14.81 pct) were top losers.
ADEX closing report
The November contract on the FTSE/ASE Large Cap index was trading at a premium of 0.21 pct in the Athens Derivatives Exchange on Monday. Volume on the Big Cap index totaled 957 contracts with 4,528 open positions in the market. Volume in futures contracts on equities totaled 48,729 contracts with investment interest focusing on National Bank’s contracts (23,599), followed by Alpha bank (6,064), Piraeus Bank (3,735), Eurobank (9,057), MIG (2,715), OTE (886), PPC (816), OPAP (298), Viohalco (217), Mytilineos (229), Hellenic Petroleum (143), GEK Terna (138), Intralot (100), Cenergy (205).
Greek bond market closing report
The yield spread between the 10-year Greek and German benchmark bonds rose slightly to 4.79 pct in the domestic electronic secondary bond market on Monday, from 4.75 pct on Friday, with the Greek bond yielding 5.13 pct (5.11 pct the previous session) and the German Bund yielding 0.34 pct. There was no turnover in the market.
In interbank markets, interest rates were mixed. The 12-month rate was -0.191 pct, the nine-month rate fell to -0.221 pct from -0.219 pct, the six-month rate was -0.276 pct, the three-month ratea rose to -0.329 pct from -0.341 pct and the one-month rate was -0.371 pct.