ECONOMY

New Coke stock takes index closer to 1,000 points

The growth of blue chips, and Coca-Cola HBC in particular, brought the benchmark index closer to the 1,000-point mark on Monday, although the majority of stocks headed south at the start of this short week.

The Athens Exchange (ATHEX) general index closed at 982.01 points, rising 2.08 percent from Friday’s 962.03 points. The large-cap FTSE/ATHEX-25 added 1.27 percent to end at 325.73 points.

The temporary suspension of trading in the shares of Coca-Cola HBC was lifted as the ATHEX stock with the highest capitalization returned in its new guise as Coca-Cola HBC AG. Its 355 million shares started trading at 18.40 euros and closed at 20.89 euros, gaining 13.53 percent.

Piraeus Bank recorded a major drop, giving up 14.18 percent.

In total 53 stocks posted gains, 84 suffered losses and 22 stayed put.

Turnover amounted to 59.4 million euros, down from last Friday’s 70.5 million.