Stocks up, end flat for the week
Investors pushed Greek stocks 0.85 percent higher yesterday, cheered by gains on other European bourses, as banks outperformed, adding 1.68 percent. The Athens Exchange’s benchmark general index ended at 3,296.67 points after dipping into negative territory early in the session. The general index fell 0.04 percent for the week, bringing its losses for the month to 2.89 percent. Banks were in the spotlight with state-controlled ATEbank jumping 8.07 percent to 2.41 euros after reporting better-than-expected first-half earnings. Alpha Bank gained 3.49 percent to 18.36 euros and the Bank of Cyprus climbed 2.60 percent to 8.68 euros. Turnover reached 153 million euros versus 161 million euros in the previous session.
