Slight gains, turnover up

The Athens Stock Exchange (ASE) general index closed last Friday at 2,333.33 points, a gain of 19.83 points, or 0.86 percent, on the previous week’s close. Turnover increased slightly, to 671.12 million euros, an average of 134.22 million euros per session, up from 118.38 million the previous week. All financial times indices gained. The FTSE/ASE-20 index of blue chips rose 1.31 percent to close at 1,246.47 points. Mid- and small-caps gained 1.12 percent and 0.34 percent, respectively. The composite FTSE/ASE-140 index gained 1.21 percent to close at 2,701.09 points. Eleven out of 18 sectoral indices gained. The biggest gainers were non-metallic minerals and cement (3.60 percent), holding companies (3.25 percent) and telecommunications (2.41 percent). The biggest losses were sustained by construction and basic metals (4.47 percent and 2.16 percent, respectively). Of the 368 individual stocks traded, 144 gained, 190 declined and 34 remained unchanged. Gainers were led by real estate firm Kekrops (32.60 percent), the Ideal group (23.81 percent) and construction company Athena (21.51 percent). The top losers were sweets company Sarandis (39.78 percent), Veterin (32.52 percent) and Delta Project (30.62 percent). The week’s most heavily traded stock was National Bank of Greece, with an average turnover per session of 15.37 million euros. It was followed by state gaming company OPAP (13.24 million), Alpha Bank (11.58 million) and OTE Telecom (10.11 million).