ECONOMY

Sixth day of gains takes index above 1,200 points

The local bourse’s sixth consecutive day of gains, made on the strength of the balanced election results and a return to normality, took the benchmark above the 1,200-point level on Tuesday, with improved first-quarter results also playing a role. The Greek market had not seen six straight days of growth in over three months.

The Athens Exchange (ATHEX) general index closed at 1,207.55 points, adding 0.82 percent to Monday’s 1,197.71 points. The blue chip FTSE/ATHEX 25 expanded 0.56 percent to 388.40 points.

Ellaktor outperformed, jumping 9.43 percent, while Frigoglass continued its rising course, increasing 5.43 percent. Titan Cement gave up 2.60 percent.

In total 81 stocks posted gains, 36 took losses and 18 ended unchanged.

Turnover came to 188.4 million euros, up from Monday’s 172.1 million.