ECONOMY

Interest in blue chips fails to bolster turnover

Greek shares bucked a declining trend on other European markets yesterday, but buying interest in blue chips failed to bolster turnover. The Athens Stock Exchange (ASE) general index gained 0.34 percent, closing at 2,893.62 points. The blue chip FTSE/ASE-20 index was up 0.44 percent to 1,610.76 points, mid-caps gained just 0.04 percent and small-caps added 0.27 percent. Refiner Motor Oil outperformed among blue chips with gains of 2.40 percent. Banks Eurobank and National climbed 1.44 and 1.28 percent respectively, Hellenic Technodomiki was up 1.44 percent and gaming firm OPAP continued its ascent with 1.06 percent. Most sectoral indices headed south, but losses were moderate, not exceeding 1 percent. Real estate outperformed with a surge of 3.47 percent. Textiles continued gains with 1.73 percent and banks were up 0.83 percent. Telecoms lost 0.55 percent. Decliners outnumbered advancers 163 to 99, while 65 share prices remained unchanged on 327 traded. Turnover fell to a month-low of 93.9 million euros, of which 53.7 million was accounted for by the four most marketable securities, banks National and Alpha, OPAP and Eurobank.