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Athens News Agency: News in English, 10-11-09

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek bond market closing report
  • [02] Stocks reverse losses

  • [01] Greek bond market closing report

    (ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds eased slightly to 896 basis points in the Greek electronic secondary bond market on Tuesday, from 910 bps the previous day, with the Greek bond yielding 11.33 pct and the German Bund 2.37 pct. Turnover in the market totaled 78 million euros, with the 17-year bond the most heavily traded security of the market with a turnover of 25 million euros.

    In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.54 pct, the six-month 1.27 pct, the three-month 1.04 pct and the one-month rate 0.85 pct.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [02] Stocks reverse losses

    Stocks ended higher at the Athens Stock Exchange on Tuesday, reversing an earlier sharp decline of prices. News of a reopening of money markets for National Bank and Eurobank boosted buying activity in the market. The composite index rose 0.92 pct to end at 1,541.02 points, after losing as much as 1.40 pct during the session. Turnover was a low 81.601 million euros.

    Ellaktor (4.31 pct), OPAP (3.92 pct) and Eurobank (3.20 pct) were top gainers among blue chips. The Big Cap index rose 0.93 pct, the Mid Cap index ended 0.60 pct lower and the Small Cap index fell 0.11 pct.

    The Travel (3.39 pct) and Chemicals (2.97 pct) sectors scored the biggest percentage gains of the day, while Insurance (1.49 pct) and Financial Services (1.28 pct) suffered losses.

    Broadly, decliners led advancers by 85 to 75 with another 49 issues unchanged. Mihaniki (26.67 pct), Eurolien (19.67 pct) and Tegopoulos (10 pct) were top gainers, while Vell Group (14.81 pct), Altec (14.29 pct) and Livanis (10.34 pct) were top losers.

    More details on the subscriber's page of APE-MPE | Subscription request form


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