Healthy rise leads in­dex to level un­seen in 30 months

Kathimerini English - - Front Page -

For­eign in­vestors man­aged to turn things around at the Greek bourse yes­ter­day. Af­ter a morn­ing dom­i­nated by losses, the bench­mark in­dex climbed to a 30-month high, as the mar­ket’s strong play­ers ap­pear to be back­ing the gov­ern­ment’s claim that 2014 will be the year that Greece bounces back.

The ATHEX gen­eral in­dex fell as low as 1,193 points in early trade but re­cov­ered to close at 1,238.06 points, adding 2.70 per­cent to Fri­day’s 1,205.51 points. The large­cap FTSE/ATHEX 25 ex­panded 2.65 per­cent to end at 407.02 points.

Pi­raeus Bank out­per­formed, adding 6.62 per­cent, fol­lowed by Terna En­ergy (up 5.83 per­cent) and Jumbo (5.75 per­cent). Na­tional Bank gave up 1.95 per­cent.

In to­tal 84 stocks recorded gains, 44 posted losses and 18 re­mained un­changed.

Turnover amounted to 88.9 mil­lion eu­ros, up from last Fri­day’s 40.2 mil­lion.

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