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Athens News Agency: News in English, 10-03-02

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

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

CONTENTS

  • [01] Civil servants union strike for March 16
  • [02] Bond market closing report
  • [03] Commission on Greek deficit
  • [04] Stocks end 2.65% up

  • [01] Civil servants union strike for March 16

    (ANA-MPA) -- The civil servants' union (ADEDY) called on public sector employees to participate in a nationwide 24-hour strike on Tuesday, March 16, in protest the government's austerity measures involving the wider public sector in the country.

    [02] Bond market closing report

    (-PA) -- he yield spread between the 10-year Greek and German benchmark bonds shrank further to 310 basis points in the Greek electronic secondary bond market on Tuesday, after falling below the 300 bps level in intra-day trading, with the Greek bond yielding 6.21 pct and the German Bund 3.11 pct. Turnover in the market rose to 1.247 billion euros, of which 615 million were buy orders and the remaining 632 million euros were sell orders. The five-year benchmark bond (August 20, 2015), was the most heavily traded security with a turnover of 516 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 rate 0.71 pct and the one-month rate 0.48 pct.

    [03] Commission on Greek deficit

    BRUSSELS (ANA-MPA) -- EU Economic and Monetary Affairs Commissioner Olli Rehn appeared satisfied vis-a-vis the Greek government's volition to restore confidence in the countrys public finances, spokesman Amadeu Altafaj Tardio said here on Tuesday.

    (Click for more)

    [04] Stocks end 2.65% up

    Stocks scored significant gains for the second consecutive session in the Athens Stock Exchange on Tuesday, pushing the composite index of the market above the 2,000 level. The index jumped 2.65 pct to end at 2,021.75 points, with turnover remaining a moderate 203.580 million euros.

    The FTSE 20 index jumped 2.84 pct, the FTSE 40 index ended 2.51 pct higher and the FTSE 80 index rose 1.97 pct. All sectors moved higher, with the Insurance (4.23 pct) and Industrial Products (3.97 pct) scoring the biggest percentage gains of the day.

    Klonatex (20 pct), Livanis (19.23 pct), Parnassos (13.73 pct) and Vovos (11.27 pct) were top gainers, while Nikas (7.74 pct), Alma-Atermon (7.14 pct) and Ridenco (6.90 pct) were top losers. Broadly, advancers led decliners by 154 to 39 with another 38 issues unchanged.


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