ECONOMY

Positive mood boosts index

Greek stocks continued to rise for a second day in succession on the back of reports of possible European Union support for Greek finances, while news from the bond and corporate fronts was also positive. The Athens Exchange (ATHEX) general index closed at 1,940.82 points yesterday, expanding by 2.37 percent from Tuesday’s close at 1,895.96 points. During the day the index had seen its gains exceed 5 percent before it lost some of that ground. The blue chip FTSE/ATHEX 20 index went up by 2.84 percent to end at 975.19 points. All but two blue chips posted gains, led by Hellaktor (up 8.68 percent), Viohalco (7.74 percent), Mytilineos (7.63 percent) and EFG Eurobank (7.14 percent). OPAP dropped by 0.99 percent and OTE telecom lost 0.32 percent. Turnover came to 385.6 million euros.