ECONOMY

Greek stocks rise above 1,900 pts

Greek stocks rose 1.84 percent yesterday, in step with advancing European peers, as buyers went bargain hunting in blue chip shares. The Athens Exchange’s benchmark general index ended at 1,908.18 points. Large-capitalization stocks National Bank, OTE telecom and Coca-Cola Hellenic Bottling each jumped more than 4 percent, helping lift the blue chip FTSE/ATHEX 20 index 1.71 percent higher. Major European bourses advanced as investors cheered government efforts to stave off a global recession. The EU unveiled a 200-billion-euro stimulus package on Wednesday, one day after the US Federal Reserve said it would pump a further 800 billion dollars into financial markets. Turnover reached 167 million euros versus 142 million euros in the previous session.