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Athens News Agency: News in English, 11-04-06

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] PM receives noted Korean executive Seung Youn Kim
  • [03] Stocks recover strongly 

  • [01] Greek bond market closing report

    The yield spread between the 10-year Greek and German benchmark bonds widened again to 930 basis points in the Greek electronic secondary bond market on Wednesday, from 926 bps on Tuesday, with the Greek bond yielding 12.72 pct and the German Bund 3.42 pct. Turnover in the market was an improved 49 million euros, of which 42 million euros were sell orders and the remaining 7.0 million were buy orders. The six-month Treasury bill was the most heavily traded security with a turnover of 9.0 million euros.

    In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.02 pct, the six-month rate 1.57 pct, the three-month 1.26 pct and the one-month rate 1.01 pct.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [02] PM receives noted Korean executive Seung Youn Kim

    (ANA-MPA) -- Greek Prime Minister George Papandreou on Wednesday received the president of Korea's Hanwha Group, Seung Youn Kim, who has also served as Greece's honorary consul general in Korea.

    Kim, a noted Philhellene, is also scheduled to meet with President of the Republic Karolos Papoulias.

    Amongst others, the Korean city of Pyeongchang has again expressed interest in hosting a Winter Olympics, specifically the 2018 Games.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    

    [03] Stocks recover strongly

    Stocks recovered strongly at the Athens Stock Exchange on Wednesday, ending a seven-day decline, which pushed the composite index of the market 8.18 pct down. The index ended 2.63 pct higher to end above the 1,500 level at 1,528.67 points. Turnover was a low 115.374 million euros.

    The Big Cap index jumped 3.08 pct, the Mid Cap index ended 1.38 pct higher and the Small Cap index rose 0.71 pct. Piraeus Bank (7.03 pct), Alpha Bank (5.50 pct), Hellenic Postbank (5.40 pct), OTE (5.19 pct) and Ellaktor (4.76 pct) were top gainers among blue chip stocks, while ATEbank (8.96 pct) and Motor Oil (1.45 pct) were top losers.

    The Telecoms (5.19 pct) and Banks (3.71 pct) sectors scored the biggest percentage gains of the day, while Health (4.25 pct) and Media (4.70 pct) suffered losses. Broadly, advancers led decliners by 96 to 61 with another 50 issues unchanged. Reds (15.25 pct), CPI (11.11 pct) and Sato (10 pct) were top gainers, while Technical Publications (19.35 pct), Alapis (19.05 pct) and Euromedica (17.70 pct) were top losers.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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