ECONOMY

Blue chips bump index over 5,100-point mark

Stocks closed the week on a high, as the positive mood prevailed throughout the day on the local bourse. The Athens Exchange (ATHEX) general index closed at 5,109.82 points yesterday from 5,056.64 points on Thursday, a 1.05 percent gain. The blue chip FTSE/ATHEX 20 index rose by 1.05 percent, reaching 2,724.90 points. The mid-cap FTSE/ATHEX 40 index increased by 0.43 percent, while the small-cap FTSE/ATHEX 80 index grew by 0.45 percent. The FTSE/ATHEX International was up 0.97 percent to 7,213.87 points. Piraeus bank outperformed among blue chips with a 5.86 rise, followed by Marfin Popular Bank (up 3.44 percent), Motor Oil (3.09 percent) and Hellentic Technodomiki TEV (1.82 percent). The biggest losses were for Postal Savings Bank (down 2.69 percent) and Mytilineos (2.33 percent). All but six sectoral indices gained ground, led by banks (up 1.69 percent), petroleum (1.24 percent) and commerce (1 percent). Travel and entertainment led losers with a 0.79 percent drop, ahead of health (down 0.75 percent) and industrial products and services (0.72 percent). Turnover reached -458.98 million, of which -35.43 million concerned block trades. The Cypriot General Index rose by 0.54 percent to 4,810.22 points.