Gains after five weeks
The Athens Stock Exchange benchmark general index ended last week at 2,089.90 points, a gain of 88.40 points, or 4.42 percent, from the previous week’s close. Four of the week’s five sessions ended with gains. Total turnover rose slightly to 531.14 million euros, an average of 106.23 million euros per session, from 515.10 million the previous week. Small-capitalization stocks, which had felt the brunt of selling pressure the previous five weeks, this time led the gains. The FTSE/ASE Small Cap 80 index gained 6.16 percent, the FTSE/ASE Mid-40 rose 3.08 percent and the FTSE/ASE-20 index of blue chips gained 4.38 percent to close at 1,053.37 points. The FTSE/ASE-140, a composite of the previous three, gained 4.66 percent to close at 2,433.64 points. All sectoral indices gained. The biggest gainers were publishing and printing (13.93 percent), insurance (9.74 percent), information technology (6.73 percent) and textiles (5.78 percent). Of the 370 stocks traded during the week, 307 gained, 50 ended with losses and 13 remained unchanged. Gainers were led by Vernikos Holdings (42.24 percent), Vivere (21.52 percent), Viosol (18.97 percent), Sato (18.95 percent) and Lambrakis Press (18.50 percent). The biggest losers were Informatics (13.99 percent) and the preferred shares of Boutaris and ANEK (12.74 percent and 12.28 percent, respectively). OPAP was the most heavily traded stock, with an average daily turnover of 6.55 million euros, followed by Alpha Bank (5.10 million) and OTE (4.76 million).
