ECONOMY

ASE follows Europe as index dives below 2,700 pts

Gloomy European bourses kept up the pressure on Greek equities yesterday with across-the-board selling driving the benchmark general index below the 2,700-point mark. But index heavyweight OTE Telecoms clung tenaciously to positive territory, ending 0.22 percent higher at 18.06 euros, bucking the trend at home and abroad where European telecom stocks dove 2.35 percent. The benchmark general index fell 1.36 percent to 2,680.99 points. Greek tech stocks suffered a heavy tumble, in common with their European peers, dipping 3.10 percent. The FTSE/ASE-20 index of blue chips slipped 1.25 percent to 1,507.34 points, while the FTSE/ASE-40 index of mid-caps shed 1.92 percent. Small-caps dropped 2.18 percent. Analysts said weak first-half results for many Greek companies continued to contribute to the Athens bourse’s downward trend, with statements on Tuesday by Prime Minister Costas Simitis failing to make much of an impact on the market. Turnover came to 125 million euros on 20.2 million shares traded. Losers beat winners 310 to 32 with 18 unchanged on 360 traded.(Reuters) The increasing percentage of industrial workers among those who visit our surgeries, said Angelou, was the reason we decided to carry out the study. About 20 percent of the cases treated at the ophthalomology clinic were the result of accidents, either at work or in the home. Of these, 10 percent were child workers aged 13 to 17. Most were Greeks, followed by Albanians and other nationalities. Most of the child workers in the area are legally employed, he said.