ECONOMY

ASE slides, turnover up

The Athens Stock Exchange (ASE) general index ended 19.40 points, or 0.78 percent lower, last week, closing at 2,467.03 points on Friday. Weekly turnover rose slightly 757.41 million euros, an average per session of 151.48 million. All Financial Times indices fell this week. The FTSE/ASE Small-Cap 80 lost 1.45 percent, while the blue chip FTSE/ASE-20 FTSE/ASE Mid-40 eased 0.53 percent and 0.40 percent, respectively. The FTSE/ASE-140, a composite of the above three, lost 0.58 percent. Most sectoral indices suffered losses, led by textiles (-7.23 percent) and followed by industrials (-3.17 percent) and telecommunications (-4.48 percent). The gainers were led by construction (1.86 percent), holding companies (1.74 percent) and real estate (0.81 percent). Emborikos Desmos’s preferred and common shares led gainers, rising 31.58 percent and 24.39 percent, respectively. They were followed by Hippotour (17.78 percent) and Space Hellas (15.38 percent). Five other stocks ended with double-digit gains. Top losers were Texapret, ending 25.95 percent down, while Vernicos Holdings, Daring and Ideal’s preferred shares lost 11.73 percent, 11.43 percent and 11.27 percent, respectively. The most marketable securities were OTE Telecom, with an average daily turnover of 21.62 million euros, National Bank of Greece (15.69 million), state betting agency OPAP (13.89 million), Alpha Bank (12.36 million), EFG Eurobank Ergasias (10.32 million) and Cosmote (10.01 million).