ECONOMY

PPC, OTE help bourse end week of gains on a high

Despite the session?s volatility and low turnover, state-run blue chips including Public Power Corporation and OTE telecom helped the bourse end the week on a high, in anticipation of the announcement of the government’s policy program in Parliament on Friday evening.

The Athens Exchange (ATHEX) general index ended at 638.86 points, adding 0.28 percent to Thursday?s closing figure of 637.05 points. On a weekly basis the index added 4.53 percent.

However, the blue chip FTSE/ATHEX 20 index contracted 0.08 percent to close at 232.36 points.

PPC gained 7.83 percent and OTE added 4.07 percent, followed by Eurobank EFG (up 3.32 percent), while Jumbo gave up 4.38 percent and Titan cement slipped 4.07 percent.

In total, 65 stocks posted gains, 49 recorded losses and 28 remained unchanged.

Turnover declined to 23.8 million euros from Thursday’s 40.6 million.