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Bourse builds on Monday's gains

The deal with the troika with the distribution of the primary surplus to bolster growth and assist sensitive social groups, the successful bond issue by Piraeus Bank and the growing prospect of Greece’s return to the money markets this spring in the words of a government minister on Tuesday helped stocks not only hold the ground gained after Monday’s major rise, but also see more gains registered. The result was a fresh 34-month high for the bourse’s benchmark.

The Athens Exchange (ATHEX) general index closed at 1,369.56 points, adding 0.33 percent to Monday’s 1,365.09 points. The large-cap FTSE/ATHEX 25 expanded 0.45 percent to 442.59 points, although small-caps declined by 0.30 percent.

Eurobank Properties grew by 3.83 percent, Corinth Pipeworks expanded by 3.41 percent and EYDAP rose by 3.37 percent. Intralot contracted by 2.87 percent.

In total, 68 stocks posted gains, 82 sustained losses and 23 stayed unchanged.

Turnover amounted to 126.2 million euros, up from Monday’s 110.2 million.

ekathimerini.com , Tuesday March 18, 2014 (18:32)  
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