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Athens News Agency: News in English, 10-03-01
CONTENTS
[01] Bond market closing report
[02] 'Name issue' solution a 'matter of political will', Alternate FM
asserts
[03] Stocks end 2.94% higher
[01] Bond market closing report
(ANA-MPA) -- The yield spread between the 10-year Greek and German
benchmark bonds shrank significantly to 319 basis points in the Greek
electronic secondary bond market on Monday, with the Greek bond
yielding 6.29 pct and the German Bund 3.10 pct.
Turnover in the market totaled 1.283 billion euros, of which 337
million were buy orders and the remaining 946 million euros were sell
orders. The five-year benchmark bond (August 20, 2015) was the most
heavily traded security with a turnover of 424 million euros.
In interbank markets, interest rates were largely unchanged. The
12-month Euribor rate was 1.24 pct, the six-month rate 0.99 pct, the
three-month 0.71 pct and the one-month rate 0.48 pct.
[02] 'Name issue' solution a 'matter of political will', Alternate FM
asserts
SKOPJE (ANA-MPA / N. Frangopoulos) Finding a solution to the name
dispute between Greece and the Former Yugoslav Republic of Macedonia
(FYROM) was now a matter of political will, Alternate Foreign Minister
Dimitris Droutsas asserted in sections of an interview appearing in the
Skopje-based newspaper "Dnevnik" on Monday.
[03] Stocks end 2.94% higher
Stocks recovered strongly in the first trading session of March as a
significant decline in the Greek bond spread, combined with a positive
trend in international markets, encouraged buying in the Athens Stock
Exchange. The composite index of the market jumped 2.94 pct to end at
1,969.47 points, with turnover remaining a moderate 197.757 million
euros.
The FTSE 20 index ended 3.27 pct higher, the FTSE 40 index rose 2.70
pct and the FTSE 80 index ended 2.17 pct up. All sectors moved higher
with the Raw Materials (4.69 pct) and Banks (4.01 pct) scoring the
biggest percentage gains of the day. Livanis (18.18 pct), Lambrakis
Press (10.76 pct), Desmos (10 pct) and Hellenic Fish Farming (10 pct)
were top gainers, while Ideal (8.64 pct), Akritas (7.69 pct), Altec
(6.67 pct) and Galaxidi (5.26 pct) were top losers.
Broadly, advancers led decliners by 155 to 43 with another 40 issues
unchanged.
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