ECONOMY

NBG helps pull market higher

Most stocks reversed the losses they initially incurred during yesterday’s session to finish the day with gains, mostly thanks to the positive showing of the market’s driving force, National Bank (NBG). The Athens Exchange (ATHEX) general index closed at 2,433.24 points yesterday, growing by 0.34 percent from Tuesday’s close at 2,425.09 points. The blue chip FTSE/ATHEX 20 index gained 0.59 percent to end at 1,283 points. Hellenic Postbank led blue chips with its 3.77 percent rise, closely followed by National Bank (up 3.12 percent). Mytilineos gained 2.33 percent and Marfin Popular Bank added 1.54 percent. Hellaktor was the worst off with a 3.11 percent drop, EFG Eurobank fell by 2.50 percent, Coca-Cola HBC declined by 2.04 percent and Alpha Bank lost 1.93 percent of its value. Turnover amounted to 242.8 million euros.