ECONOMY

HELPE raises index close to 5,200 points

The rise continued on the country’s stock market, with stocks posting gains across the board yesterday. The Athens Exchange (ATHEX) general index closed at 5,175.38 points yesterday from 5,154.08 points on Monday, aided by the massive rise of Hellenic Petroleum (HELPE), which just had a change in its chief executive officer. The blue chip FTSE/ATHEX 20 index gained 0.20 percent, reaching 2,740.42 points. The mid-cap FTSE/ATHEX 40 index rose by 0.18 percent, while the small-cap FTSE/ATHEX 80 index grew by 0.30 percent. The FTSE/ATHEX International was up 0.21 percent to 7,282.84 points. The blue chips that followed HELPE’s 9.74 percent rise were Alpha Bank (up 2.32 percent), OPAP (2.09 percent) and PPC (2.05 percent). Decliners were led by Marfin Popular Bank (down 2.30 percent) and OTE (1.96 percent). Most sectoral indices maintained their momentum, with the biggest gains going to petroleum (up 5.47 percent) and utilities (2.19 percent). Telecommunications dropped by 1.96 percent. Turnover reached -480.58 million, of which -132.19 million concerned block trades. The Cypriot general index fell by 0.84 percent to 4,969.21 points. (The other figures seen on this page were provided shortly before the close of trade yesterday.)