ECONOMY

Stocks keep growing as index clears 900-point mark

The benchmark index of the Greek bourse is on something of a roll, registering new 15-month highs in every session, as the reopening of the local stock market on Thursday after the Christmas holidays took it above the 900-point level despite the relatively low turnover.

The Athens Exchange (ATHEX) general index ended at 912.70 points, adding 1.76 percent to last Friday’s 896.88 points. The large-cap FTSE/ATHEX-25 index rose 2.09 percent to end at 315.45 points.

Traders are eyeing the 1,000-point mark for the main index as a feasible target for the first few sessions of the new year.

Alpha Bank outperformed with gains of 11.68 percent, followed by Piraeus Bank (up 9.68 percent), Titan cement (8.06 percent) and Eurobank Ergasias (7.99 percent). Coca-Cola HBC gave up 2.85 percent.

In total 137 stocks registered gains, 28 headed south and 19 remained unchanged.

Turnover amounted to 46 million euros, compared with 86 million last Friday.

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