ATHEX: Bourse extends gains as optimism for deal grows

The expressed determination of eurozone leaders to ensure that Greece stays in the common currency bloc and growing optimism about a deal being reached in the coming days generated more gains on the Greek stock market on Tuesday on increased trading volume.

The Athens Exchange (ATHEX) general index closed at 846.43 points, up 2.59 percent from Monday’s 825.10 points. The large-cap FTSE/ATHEX 25 index expanded 2.91 percent to close at 254.22 points. Mid-caps outperformed rising 3.88 percent.

Terna Energy stood out among blue chips, climbing 11.79 percent. It was followed by Hellenic Petroleum (up 5.88 percent) and Coca-Cola HBC (5.58 percent). Banks showed more moderate growth to show, with Alpha increasing 5.26 percent and Eurobank advancing 5 percent. Folli Follie shed 0.87 percent.

In total 71 stocks recorded gains, 36 sustained losses and 22 closed unchanged.

Turnover came to 96 million euros, significantly higher than Monday’s 67 million.

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