ECONOMY

All-round recovery

The Athens Stock Exchange (ASE) general index closed at 2,408.68 points on Friday, a gain of 56.02 points or 2.38 percent over the previous week. Turnover dropped slightly to 627.74 million euros, an average of 125.55 million per session, from 130.09 million the previous week. All FTSE indices registered gains. The FTSE/ASE-20 index of blue chips gained 2.71 percent to close at 1,313.03 points, while the FTSE/ASE Mid-40 and the FTSE/ASE Small-Cap 80 gained 2.54 percent and 1.06 percent respectively. The composite FTSE/ASE-140 gained 2.58 percent to close at 2,792.18 points. Fourteen of 18 sectoral indices gained. The exceptions were real estate (7.55 percent), once again the top loser, basic metals (1.84 percent), retail commerce (1.37 percent) and IT equipment and solutions (1.10 percent). The top gainers were insurance (13.28 percent), banks (4.40 percent), publishing and printing (4.23 percent) and textiles (4.23 percent). Of the 369 stocks traded, 230 gained, 104 declined and 35 ended unchanged. Top individual gainers were ETMA’s preferred stock (26.74 percent), Tassoglou-Delonghi (24 percent), Hellatex (23.08 percent) and Tria Alfa (22.83 percent). Top losers were the preferred stock of Emborikos Desmos (24.49 percent), Hippotour (14.75 percent), Xifias Fisheries’ preferred stock (14.44 percent) and Marfin (13.29 percent). The most heavily traded stock was National Bank, with an average per session turnover of 16.98 million euros, followed by Alpha Bank (12.61 million), OTE (12.44 million) and OPAP (9.79 million).