ECONOMY

Market follows European mood, rises 2.18 percent

Solid gains in major European bourses sparked across-the-board buying in Greek stocks yesterday as the local market recovered from a bout of midsession profit-taking on bank-led gains. Again, we largely followed the trend set by European bourses, said George Laloussis, analyst at Solidus Securities. The Athens bourse benchmark general index ended 2.18 percent higher at 2,272.14 points after reaching an intrasession high of 2,281.17 points. Banks gained 3.2 percent and bellwether National Bank, Greece’s largest commercial bank, jumped 4.2 percent to 24.80 euros. Telecom stocks advanced 0.96 percent. Blue chips on the FTSE/ASE index advanced 2.53 percent to 1,267.90 points and mid-caps gained 1.81 percent. Stocks in insurer Interamerican were suspended early in the day at the request of majority owner, insurance group Eureko BV. Eureko agreed to buy the remaining shares on condition that stock market authorities delist the stock. Interamerican gained 11.66 percent to 4.98 euros. Turnover was 157.48 million euros on 36.3 million shares traded. (Reuters) The social context, social acceptance of divorce, single-parent families and unmarried couples living together, makes those choices easier than they were in the past. Marriage is a lasting institution. Choosing to marry is a substantive choice, and not a social imposition. People marry because they want to. This means marriage has proved effective and functional, and so far no other solution has been able to match it.