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Home International Markets

Greek stocks rise 0.91 pct, National leads the way

byCT Report
05/08/2016
in International Markets
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ATHENS: The Athens stock exchange’s general index rose 0.91 percent on Thursday, reaching 556.62 points on a day when most shares were on the up.

Activity on the Greek bourse mirrored other European stock markets, which appeared to be buoyed by the Bank of England’s decision to cut its interest rate by 0.25 percentage points. In Athens, the value of 62 stocks rose, 28 fell and 18 remained stable. Terna Energy stood out among non-bank stocks, with a rise of more than 3 percent.

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Among local lenders, National Bank was the biggest riser with a rise of 4.65 percent. In contrast, shares in Piraeus Port Authority (OLP) fell 1.15 percent. Despite the general index rising, trading was relatively subdued, with turnover reaching 32 million euros.

 

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