Greek stocks jump 6.06 pct on Wednesday

11:06 9/5/2013 - Πηγή: Matrix24

Bank shares soared 25.81 pct as foreign institutional investors continued their aggressive buying of Greek bank shares ahead of completion of their share capital increase plans.

Positive forecasts over the Greek economy by the International Monetary Fund

and the European Commission, combined with positive comments by international firms over Greek state bonds and the privatization of OPAP, all contributed in creating a very positive climate in the Greek market. A record rally in international markets also contributed in Wednesday’s rally of prices.

The composite index jumped 6.06 pct to end at 1,043.28 points, off the day’s highs if 1,057.71 points. Turnover soared to 168.384 million euros. The Big Cap index jumped 7.37 pct and the Mid Cap index ended 7.79 pct higher.
National Bank (27.34 pct), Piraeus Bank (25.21 pct), Alpha Bank (24.35 pct) and Eurobank (21.33 pct) were top gainers among blue chip stocks.

Source: AMNA

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