Bourse up 10 pct since start of year

Kathimerini English - - Front Page -

The fifth con­sec­u­tive ses­sion of growth on the Greek bourse yes­ter­day pro­duced spec­tac­u­lar gains for stocks on the day that the coun­try of­fi­cially as­sumed the ro­tat­ing pres­i­dency of the Euro­pean Coun­cil and af­ter the Fi­nan­cial Times re­ported that the coun­try is close to re­turn­ing to the money mar­kets.

The ATHEX gen­eral in­dex closed at 1,279.41 points, its high­est since July 2011, adding 3.34 per­cent to Tues­day’s 1,238.06 points. The in­dex has grown by over 10 per­cent since Jan­uary 1. The large-cap FTSE/ATHEX 25 ex­panded 3.29 per­cent to end at 420.43 points yes­ter­day.

Some blue chips recorded im­pres­sive growth on the day, led by Eurobank Prop­er­ties’ 12.55 per­cent, Ti­tan Ce­ment’s 8.59 per­cent, OTE tele­com’s 7.55 per­cent and GEK Terna, which ex­panded 6.30 per­cent. Terna En­ergy gave up 2.54 per­cent and Pub­lic Power Cor­po­ra­tion con­tracted by 0.87 per­cent.

In to­tal 107 stocks reg­is­tered gains, 42 recorded losses and 20 re­mained un­changed.

The growth in turnover also pointed to an in­crease in mar­ket play­ers, as the trans­ac­tion vol­ume amounted to 149.6 mil­lion eu­ros, com­pared to Tues­day’s 88.9 mil­lion.

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