ECONOMY

Stocks rise 5 pct, above 2,200 pts

Greeks stocks jumped more than 5 percent yesterday, outperforming gains on major European bourses, as expectations of an interest rate cut by the European Central Bank this week helped boost equity sentiment. The Athens Exchange’s benchmark general index added 5.24 percent to 2,229.59 points, racking up gains of almost 30 percent over the last six sessions. National Bank, the country’s largest, leapt 10.68 percent to 19.20 euros, while gaming company OPAP rose 7.20 percent to 18.16 euros. Coca-Cola Hellenic Bottling, the world’s second-largest bottler of Coke products, advanced 5.25 percent to 12.42 euros. The company is scheduled to announce third-quarter earnings today, before the start of trade. Turnover reached 275.4 million euros versus 237 million in the previous session.