ECONOMY

Fresh growth sends stock index over 1,000 points

As Greece draws closer to having its bailout support extended, the bourse enjoyed a fourth consecutive day of gains on Wednesday, with the benchmark climbing back over the 1,000-point mark to its highest point since October 9.

The Athens Exchange (ATHEX) general index closed at 1,008.03 points, adding 1.68 percent to Tuesday’s 991.36 points. The large-cap FTSE/ATHEX 25 index expanded 1.75 percent to 327.57 points, while mid-caps declined 0.31 percent.

Public Power Corporation, which rose 6.71 percent, appears to be this week’s star performer, as its combined growth on Tuesday and Wednesday reached 14.57 percent.

Ellaktor was a close second, adding 6.12 percent, followed by Alpha Bank (up 4.67 percent), GEK Terna (4.08 percent) and Hellenic Exchanges (3.81 percent). Intralot gave up 1.60 percent and the OPAP gaming company contracted 1.37 percent.

In total 60 stocks posted gains, 37 recorded losses and 20 stayed put.

Turnover amounted to 95.2 million euros, up from Tuesday’s 82.3 million.