Stocks up 1 pct, Postbank shines

Greek stocks rose yesterday on selective blue chip buying as Hellenic Postbank (TT) soared more than 10 percent. The Athens bourse’s benchmark general index rose 1 percent to 2,195.41 points. The blue chip FTSE/ATHEX 20 index firmed 0.81 percent to 1,114.66 points. State-owned TT jumped 11.11 percent to 4.60 euros after Finance Minister Giorgos Papaconstantinou said the government has yet to make any decision on the possible sale of its stake in the lender. The local press was earlier reporting that the government was considering selling its stake to raise as much as 800 billion euros. National Bank fell 2.09 percent to 17.35 euros. Betting and lottery company OPAP jumped 5.70 percent to 15.02 euros. Turnover rose to 292.7 million euros, versus 239 million previously.

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