Investors shrug off London terror attacks

Greek stocks yesterday recovered most of Thursday’s losses, in line with bourses on both sides of the Atlantic which showed the effects of the terrorist attacks in London to be short-lived. The Athens Stock Exchange (ASE) general index added 1.18 percent with gains across the board, closing at 3,098.61 points after reconquering the 3,100-point level during the session. The blue chip FTSE/ASE-20 index gained 1.15 percent, the FTSE/ASE Mid-40 advanced 1.9 percent and the FTSE/ASE Small Cap-80 was up 1.7 percent. Agricultural Bank surged 5.22 percent, Hellenic Technodomiki 5.10 percent, Intracom 4.32 percent, Hyatt 3.30 percent, Emporiki Bank 3.18 percent, CosmOTE 2.44 percent, National Bank 1.71 percent and OTE telecoms 1.25 percent. All sectoral indices ended on positive ground, with textiles outperforming with gains of 4.17 percent. Real estate climbed 3.12 percent and construction added 3.12 percent. Turnover declined to 191.27 million euros, of which 84 million was accounted for by the four most marketable securities, OPAP, and banks Alpha, National and Agricultural. The value of pre-arranged block trades totaled 41.67 million euros.

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