The Greek stock market appears determined to stretch its November momentum through to the end of the month, as it enjoyed significant gains on Thursday that took its benchmark to a new eight-month high.
The Athens Exchange (ATHEX) general index ended at 726.92 points, adding 3.08% to Wednesday’s 705.21 points. The large-cap FTSE 25 index expanded 3.34% to close at 1,725.52 points.
The banks index jumped 5.47%, as Piraeus earned 7.65%, Alpha soared 7.14% after the publication of its third-quarter financial results, National grew 5.11% and Eurobank rose 3.83%.
Motor Oil augmented 6.43%, Fourlis Holdings collected 5.71%, Ellaktor advanced 5.44%, OPAP improved 5.30%, GEK Terna grabbed 4.44%, Terna Energy fetched 4.14% and Public Power Corporation gained 4%.
In total 70 stocks posted gains, 26 sustained losses and 21 remained unchanged.
Turnover amounted to 81.6 million euros, up from Wednesday’s €61.5 million.
In Nicosia, the general index of the Cyprus Stock Exchange increased 2.26% to 51.20 points.