Bourse index builds on Wednesday’s growth
Preliminary estimates suggesting that the Greek bond haircut could be smaller than expected – meaning that some banks may avoid having to resort to the Financial Stability Fund – gave traders the chance to build on Wednesday?s gains on Thursday.
The Athens Exchange (ATHEX) general index ended at 772.36 points, rising by 1.64 percent from Wednesday?s closing figure of 759.89. The blue chip FTSE/ATHEX 20 index added 1.72 percent to 304.91 points.
Eurobank EFG led the blue chips with gains of 5.30 percent, followed by Titan cement (up 5.18 percent), Alpha Bank (5.10 percent) and OPAP (4.35 percent). Hellenic Postbank led the losers, dropping 4.16 percent.
In total, 91 stocks moved up, 65 went down and 30 remained unchanged.
Turnover came to 63 million euros, up from 55.5 million on Wednesday.