ECONOMY

Blue chips lead ASE recovery

The Athens Stock Exchange (ASE) composite price index closed on Friday at 2,617.87 points, a rise of 57.93 points, or 2.26 percent, from the previous week’s close. During the week, interest focused on blue chips. Total trading volume rose over 50 percent from the previous week, reaching 743.81 million euros, an average daily volume of 148.76 million. All Financial Times indices registered gains. The FTSE/ASE-20 blue-chip index gained the most (2.85 percent), while the small-cap FTSE/ASE-80 index gained 2.31 percent and mid-cap FTSE/ASE-40 index, 1.26 percent. Most sectoral indices registered gains, the largest of which were in information technology (5.82 percent) and banks (4.53 percent). The losers included investment (1.02 percent), insurance (0.89 percent) and food and beverages firms (0.50 percent). Of the 369 stocks traded, 228 ended with gains, 121 registered losses and 20 remained unchanged. Among individual stocks, the greatest gains were registered by Klonatex’s preferred shares (23.81 percent) and Vioter (18.04 percent). The biggest losses were suffered by Medicon Hellas (27.72 percent) and Kre.Ka. (14.16 percent). – International Exhibition on Farming Machinery-Equipment and Supplies «Agrotica» starts at Helexpo facilities in Thessaloniki. To Sunday.