BUSINESS

Greek stocks end week on a high

TAGS: Stocks

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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