ECONOMY

More trade, small loss

The Athens Stock Exchange (ASE) closed at 2,352.66 points on Friday, a decline of 2 points or 0.08 percent over the previous week. Turnover rose significantly to 650.43 million euros, an average of 130.09 million per session, from 106.84 million the previous week. The FTSE/ASE Mid-40 index gained 0.39 percent. By contrast, the FTSE/ASE-20 index of blue chips and the FTSE/ASE Small-Cap 80 declined 0.04 percent and 0.50 percent respectively. The composite FTSE/ASE-140 declined 0.01 percent to close at 2,722 points. The 18 sectoral indices split in half in terms of gains and losses. The top gainers were non-metallic minerals and cement (4.93 percent), construction (4.13 percent), IT equipment and solutions (1.50 percent) and insurance (1.40 percent). The biggest losses were sustained by real estate (5.85 percent), publishing and printing (2.78 percent), retail commerce (1.59 percent) and industrials (1.54 percent). Of the 365 stocks traded, 126 gained, 198 declined and 41 ended unchanged. Top individual gainers were investment company Optima (16.80 percent), Ergas (16 percent), Paperpack-Tsoukaridis (15.21 percent) and Info-Quest (14.68 percent). Top losers were Hellatex (18.75 percent), Rainbow Computers (14.04 percent), Xylemboria’s preferred shares (12.97 percent) and Elgeka (11.70 percent). The most heavily traded stock was OTE, with an average per session turnover of 23.38 million euros, followed by National Bank (13.76 mln), Alpha Bank (11.75 mln), EFG Eurobank (11.64 mln) and OPAP (10.23 mln).