ECONOMY

Bourse?s main index grows 5 pct

Renewed optimism for a decision on the country?s debt swap plan led the local stock market to a considerable rise in prices on Monday that led to the ninth consecutive session of gains for the main index.

The Athens Exchange (ATHEX) general index ended the day at 744.26 points, expanding by an impressive 5.09 percent from Friday?s closing figure of 708.18 points.

The blue chip FTSE/ATHEX 20 index grew by 5.90 percent to close at 294.94 points.

Eurobank EFG soared 22.77 percent, followed by Alpha Bank (up 15.64 percent) and Hellenic Postbank (11.13 percent). Duty Free Shops was the only loser among the blue chips (down 0.28 percent).

In total, 132 stocks registered gains, 39 posted losses and 20 remained unchanged.

Turnover amounted to 60.4 million euros, down from Friday?s 99.4 million.

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