ATHEX: Stocks leap on reports from Brussels
The European Commission announcements concerning grants and loans for member-states adding up to 750 million euros gave Greek stocks a major boost on Wednesday, in line with most other European bourses. The fourth consecutive day of gains on the highest turnover of the last two-and-a-half months took the benchmark over 8.5% higher compared to last Thursday's closing.
The Athens Exchange (ATHEX) general index ended at 660.30 points, adding 3.91% to Tuesday's 635.47 points. The large-cap FTSE 25 index expanded 4.44% to 1,588.41 points.
The banks index built on Tuesday's 12% rise with another jump of 10.23%, with Piraeus soaring 17.55%, Eurobank grabbing 10.10%, National earning 8.66% and Alpha improving 8.51%.
OPAP collected 10%, Ellaktor rose 9.41% and Titan Cement climbed 8.73%, as Fourlis fell 2.47%.
In total 83 stocks posted gains, 29 took losses and...