ECONOMY

Index moves back above 2,500 pts

The political and monetary boost to global markets had an impact also on the Greek bourse, with stocks staging a considerable rebound yesterday. It put an end to a streak of eight straight sessions with losses. The Athens Exchange (ATHEX) general index closed at 2,506.45 points yesterday, rising by 5.66 percent from Friday. The blue chip FTSE/ATHEX 20 index grew by 5.78 percent to end at 1,384.62 points. All blue chips moved northward, led by Mytilineos (up 14.47 percent), Public Power Corporation (13.48 percent), Hellenic Postbank (12.96 percent), Bank of Cyprus (11.97 percent), EFG Eurobank (10.49 percent) and ATEbank (9.52 percent). Another bank, Proton, dropped by a massive 29.80 percent on news of its partial acquisition by Piraeus Bank. Turnover reached 234.6 million euros.