Index up slightly, goes for 2,000 points

Stocks rose slightly yesterday on the Athens Stock Exchange, following Wednesday’s big rally that catapulted the benchmark general index back over 1,900 points. The general index rose 0.32 percent to close at 1,952.13 points. According to brokers, the market shows signs of stabilizing above 1,900 points and resuming the recent rally next week, reaching toward the 2,000 level. Once again, banks helped the index rise, going up 1.48 percent and canceling any short-term profit from Tuesday’s gains. EFG Eurobank rose 2.66 percent. Construction stocks rose 2.07 percent. On the other hand, basic metals dropped 3.46 percent and textiles, 1.27 percent. Turnover was slightly reduced, to 185 million euros, of which 23.12 million concerned prearrange share block transactions. Blue chips rose 0.63 percent, to 980.48 points, while mid-caps gained 0.29 percent and small-caps dipped 0.14 percent.

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