0.74% rise in Athens Stock Exchange

0.74% rise in Athens Stock Exchange

Athens, May 10, 2016/Independent Balkan News Agency

By Spiros Sideris

At 610.07 points stood on Monday, the General of the ASE price index, an increase of 0.74% over the closing of last week. The trading volume was 66.81 million euro. Driven by banking stocks, the stock market passed the 600 units levels early on, pending developments in the critical Eurogroup, while new significant improvement in the climate is also recorded at the bond market.

Rise in the prices of greek bonds

A rise was recorded yesterday in the prices of Greek bonds, noting overperformance compared to the corresponding securities in the eurozone, after the enactment of the Tax-social security bill by the Greek Parliament.

Yields on two-year Greek bonds decreased by 9 basis points to 10.13%, while yields on 10-year bonds fell 3 basis points to 8.6%.