Stocks rise on solid CCH gains

Kathimerini English - - Business & Finance -

Greek stocks added 1.16 per­cent yes­ter­day on se­lec­tive blue chip buy­ing with in­vestors keep­ing an eye out for news from the Eurogroup meet­ing tak­ing place in Brus­sels.

The Athens bourse’s bench­mark gen­eral in­dex ended at 1,266.93 points, re­treat­ing from a in­tra-session high of 1,275 points.

The blue chip FTSE/ATHEX 20 in­dex added 1.29 per­cent to 565.57 points.

Coca-Cola Hel­lenic (CCH) out­per­formed, jump­ing 4.10 per­cent to 18.01 eu­ros. Toy re­tailer Jumbo rose 2 per­cent to 5.10 eu­ros and Marfin In­vest­ment Group (MIG) leaped 3.28 per­cent to 0.63 eu­ros.

Ear­lier, MIG said that it will put off a de­ci­sion to go ahead with a share cap­i­tal in­crease due to “in­creased eco­nomic and po­lit­i­cal un­cer­tain­ties.” MIG said that it will re-ex­am­ine the de­ci­sion for a cap­i­tal boost in Septem­ber. Banks firmed 1.47 per­cent. Na­tional Bank moved ahead 2.32 per­cent to 4.86 eu­ros and peer Al­pha ended at 3.18 eu­ros, up 0.95 per­cent.

OTE tele­com in­creased 1.99 per­cent to 6.15 eu­ros and power util­ity PPC dipped 1.04 per­cent to 9.50 eu­ros.

Turnover reached 78.9 mil­lion eu­ros ver­sus 74 mil­lion in the pre­vi­ous session.

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