ECONOMY

Local stocks rise further to 1,022 points

The combination of positive news from the Greek economy and the US Federal Reserve secured gains for most local stocks on Thursday while turnover increased significantly.

The Athens Exchange (ATHEX) general index closed at 1,022.75 points, adding 2.19 percent to Wednesday’s 1,000.81 points.

The large-cap FTSE/ATHEX 25 index expanded by 1.63 percent to end at 348.74 points, with Frigoglass adding 7.07 percent and Titan rising 6.32 percent.

In total 99 stocks recorded gains, 42 posted losses and 19 stayed put.

Turnover rose to 86.5 million euros, compared with Wednesday’s 53.4 million.