ECONOMY

Fresh rise on bourse in spite of bank drop

Although banks headed south on the Greek bourse on Thursday, the vast majority of stocks posted gains that increased as the session progressed, putting Wednesday’s correction behind them.

The Athens Exchange (ATHEX) general index closed at 1,174.41 points, growing 1.56 percent from Wednesday’s 1,156.36 points. The large-cap FTSE/ATHEX 25 expanded by 1.53 percent to end at 391.43 points.

Energy and mining stocks outperformed, with Terna Energy adding 8.38 percent, Mytilineos rising 6.70 percent, Viohalco advancing 6.45 percent and Marfin Investment Group climbing 5.73 percent.

National Bank suffered losses of 4.60 percent.

In total, 96 stocks went up, 46 dropped and 20 stayed unchanged.

Turnover was the lowest of the last five sessions, amounting to 112.5 million euros, down from Wednesday’s 133.3 million.