Index almost unchanged; turnover drops

The Athens Stock Exchange benchmark general index ended almost unchanged yesterday at 1,906.45 points, compared to 1,906.51 points at Wednesday’s close. The market showed clear signs of fatigue, since the liquidity entering the system has dried up significantly. The market must digest the 500-point leap since April 1 and, if the European bourses are any indicator, the way for the ASE in the immediate future is downward. Turnover was about 141 million euros, a 26.56 percent drop from Wednesday’s session. Of this, 12.9 million involved the prearranged transfer of share blocks. Decliners led gainers, 199 to 104. Blue chips rose 0.18 percent, to 953.26 points, while mid-caps rose 0.24 percent and small-caps fell 0.46 percent. Among sectoral indices, textiles fell 3.03 percent. Construction stocks rose 0.78 percent. Paperpack-Tsoukaridis led all gainers, rising 17.99 percent to 5.64 euros. Alisida’s preferred shares led losers, falling 11.81 percent.

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