ECONOMY

Slight across-the-board decline in quiet session

Stocks declined across the board yesterday in a subdued Athens Stock Exchange (ASE) session. The ASE general index closed at 2,682.58 points, a decline of 10.35 points or 0.38 percent. Intra-session fluctuation was less than 22 points, from 2,675.25 to 2,697.15. On a weekly basis, the index gained 0.46 percent. The FTSE/ASE-20 index of blue chips declined 0.34 percent to close at 1,472.67 points, while the mid- and small-cap indices also declined, 0.22 percent and 0.21 percent respectively. A few blue chips bucked the trend: These included Duty Free Shops (up 0.30 percent to 13.40 euros), National Bank (0.09 percent to 23.06 percent), Alpha Bank (unchanged at 24.98 euros) and PPC (unchanged at 20.58 euros). But most blue chips declined, notably EFG Eurobank Ergasias (1.23 percent to 22.48 euros), Piraeus Bank (0.85 percent to 11.72 euros), and OPAP (0.73 percent to 18.92 euros). OTE and mobile telecommunications subsidiary CosmOTE dropped 0.32 percent and 0.28 percent respectively. Out of the 353 traded stocks, 114 gained, 153 declined and 86 ended unchanged. Turnover declined significantly, to 115.37 million euros, including 13.65 million in prearranged trades.