Greek stocks ended slightly higher in the Athens Stock Exchange on Tuesday, pushing the general index of the market above the 840-point level to its highest closing since August 16, 2017.
The index rose 0.50 pct to end at 841.28 points, with the Large Cap index rising 0.27 pct and the Mid Cap index ending 1.12 pct higher. Turnover was a low 50.715 million euros in volume of 36,308,888 shares.
Motor Oil (3.85 pct), Aegean Airlines (3.23 pct), GEK Terna (2.17 pct) and Viohalco (1.65 pct) scored big gains among blue chip stocks, while Piraeus Bank (0.84 pct), Coca Cola HBC (0.54 pct) and Hellenic Petroleum (0.50 pct) suffered losses. Among market sectors, Technology (3.17 pct) and Oil (2.50 pct) scored big gains while Food (0.54 pct) and Banks (0.05 pct) suffered losses. National Bank and Eurobank were the most heavily traded securities of the day. Broadly, advancers led decliners by 84 to 30 with another 27 issues unchanged. Kekrops (19.74 pct), Lavipharm (14.72 pct) and Dromeas (10.10 pct) were top gainers, while Dionic (18.83 pct), Medicon (15.66 pct) and Pasal (14.19 pct) were top losers.
Greek bond market closing report
The yield spread between the 10-year Greek and German benchmark bonds eased further to 3.20 pct in the domestic electronic secondary bond market on Tuesday, from 3.36 pct on Monday, with the Greek bond yielding 3.65 pct (3.77 pct the previous day) and the German Bund yielding 0.45 pct. Turnover was 5.0 million euros, all buy orders.
In interbank markets, interest rates moved up. The 12-month rate rose to -0.187 pct from -0.190 pct, the nine-month rate rose to -0.219 pct from -0.223 pct, the six-month rate was -0.271 pct, the three-month rate was -0.329 pct and the one-month rate was -0.369 pct.