ECONOMY

Stocks reclaim 2,300 pt mark

Greek equities rose yesterday, recapturing the 2,300-point mark, on blue chip buying as investors weighed up more first-quarter earnings figures. The Athens bourse’s benchmark general index added 2.49 percent to 2,309.79 points, closing just off session highs. The blue chip FTSE/ATHEX 20 index advanced 2.80 percent to 1,206.35 points led by banks, which ended 3.24 percent higher. Marfin Popular Bank soared 13.60 percent to 2.84 euros while Bank of Cyprus jumped 5.09 percent to 4.75 euros. Public Power Corporation, which reported better-than-expected first-quarter figures on Tuesday, also outperformed rising 5.28 percent to 15.34 euros. Turnover reached 307.2 million euros versus 300.3 million in the previous session.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.