ECONOMY

Index up on company news, foreign climate

The positive news in corporate data and on European markets helped Greek stocks gain ground yesterday after three sessions with little movement. The Athens Exchange (ATHEX) general index rose by 0.58 percent to come in at 4,840.53 points, from 4,812.61 points on Wednesday. The FTSE/ATHEX 20 blue chip index grew by 0.64 percent to 2,583.62 points. The FTSE/ATHEX Mid-40 gained 0.61 percent, although the FTSE/ATHEX 80 small-cap index shrunk by 0.27 percent. The FTSE/ATHEX International gained 0.61 percent to close at 6,914.57 points. There were major gains for Intralot (up 2.45 percent) and Piraeus Bank (2.42 percent), followed by Hellenic Technodomiki TEV (1.74 percent), Titan (1.22 percent), the Postal Savings Bank (1.21 percent) and EFG Eurobank (1.14 percent). The greatest losses were for Motor Oil (down (3.95 percent) and the Bank of Cyprus (1.15 percent). All but five sectoral indices moved northward, led by chemicals (up 1.52 percent), raw materials (1.10 percent) and personal and household products (0.97 percent). Mass media lost 2.01 percent, oil and gas shed 1.12 percent and insurance declined by 0.54 percent. Turnover amounted to -409.48 million, of which -83.13 million involved block trades.