Bourse registers eighth consecutive day of gains

The Athens bourse?s main index climbed to its highest level in two months on Friday as investors appeared confident a debt swap deal that will favor the market and be better than previously expected is imminent.

The Athens Exchange (ATHEX) general index ended the day at 708.18 points, expanding by 2.67 percent from Thursday?s closing figure of 689.75 points.

The blue chip FTSE/ATHEX 20 index grew by 3.47 percent to close at 278.50 points.

The banks sectoral index has seen remarkable gains of 36.6 percent in the last eight sessions. However it was a non-bank stock that led the blue chips on Friday as OPAP added 9.38 percent.

In total, 109 stocks registered gains, 51 posted losses and 23 remained unchanged.

Turnover amounted to 99.4 million euros, up from Thursday?s 64.9 million.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.