ECONOMY

ATHEX ends week on a high with fourth rise

ATHEX ends week on a high with fourth rise

Investors appeared relieved by the gross domestic product figures published on Friday, which showed that the Greek economy had grown marginally in the second quarter of 2016 on a quarterly basis.

This was seen as the key reason behind the Athens Stock Exchange general index rising for a fourth day in a row.

It increased by 0.66 percent to close at 576.12 points.

Folli Follie shares were the biggest risers, with an increase of 6 percent, followed by retailer Jumbo on 3.75 percent.

Terna Energy slipped 2.19 percent, followed by a 1.79 percent decline for Aegean.

Overall, 42 stocks rose, 35 declined and 15 remained unchanged.

Turnover remained fairly low, reaching just 20.64 million euros.

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