ECONOMY

Blue chips lead week’s losses

The Athens Stock Exchange’s general index ended the week at 2,674.98 points, 88.32 points or 3.20 percent lower than the previous week’s close. Four of the week’s five sessions ended with losses, with the heaviest (2.65 percent) coming on Friday. Total trade volume was 1.3 billion euros, a daily average of 258.5 million. Two of the three FTSE indices showed losses. The biggest losses were recorded by the blue-chip index FTSE/ASE-20 (4.69 percent), while the mid-cap FTSE/ASE-40 fell 0.69 percent. On the other hand, the FTSE/ASE-80 index of small-caps gained 1.23 percent. Most sectoral indices ended with losses. The biggest losers were banks (6.50 percent), followed by investment (4.44 percent) and insurance companies (4.21 percent). The biggest gains were recorded by IT equipment and solutions (4.24 percent), retail commerce (3.92 percent) and textiles (2.25 percent). Of the 365 stocks traded, 186 ended with gains, 165 registered losses and 14 remained unchanged. The biggest gainer was KRE.KA (41.98 percent), followed by Mouriades (36.84 percent) and Sarantopoulos (35.38 percent). The losers were led by Emborikos Desmos (14.53 percent), Koumbas Holdings (13.51 percent) and Aspis Insurance (12.40 percent). National Bank was the most heavily traded stock for the week, with an average daily turnover of 12.23 million euros. In 1874, Dimitriou’s home on the corner of Vasileous Georgiou (King George) and Panepistimiou streets was bought by Savvas Kentros, who transferred to it the hotel already in operation on the corner of Stadiou and Karagiorgi Servias streets.