ECONOMY

Late surge buoys bourse index higher

A buying spree at the end of Thursday’s session on the Greek stock market boosted turnover in an otherwise predictably quiet day at the bourse on Athinon Avenue.

The Athens Exchange (ATHEX) general index closed at 843.55 points, expanding by 0.27 percent from Wednesday’s 841.24 points. The large-cap FTSE/ATHEX 25 index grew 0.43 percent to end at 286.95 points.

Piraeus was the runaway leader among blue chips during the session, posting an increase of 5.06 percent, with Titan Cement a distant second (up 1.92 percent).

National Bank was the worst off, giving up 1.92 percent, while Ellaktor shed 1.89 percent and Hellenic Petroleum dropped 1.49 percent.

In total 65 stocks recorded gains, 55 incurred losses and 18 stayed put.

Turnover amounted to 24.5 million euros, up from Wednesday’s year-low of 16.4 million.