ECONOMY

Mid-caps outperform

The Athens Stock Exchange (ASE) general index closed last Friday at 3,118.76 points, a gain of 20.15 points or 0.65 percent on the previous week’s close. Turnover dropped to 916.64 million euros, an average of 183.33 million per session, from 191.12 million the previous week. The FTSE/ASE-20 index of blue chips gained just 0.06 percent to close at 1,747.98 points. The FTSE/ASE Mid-40 gained 3.60 percent, while the FTSE/ASE Small-Cap 80 gained 1.71 percent. The composite FTSE/ASE-140 index gained 0.56 percent, closing at 3,651.41 points. Eleven of the 18 sectoral indices ended with gains. Top gainers were construction (up 4.74 percent), non-metallic minerals and cement (4.53 percent) and textiles (3.49 percent). Top losers were insurance (down 3.90 percent), retail commerce (2.42 percent) and telecommunications (2.40 percent). Of the 347 traded stocks, 176 gained, 148 declined and 23 ended unchanged. Individual gainers were led by textile firms Hellatex (up 46.67 percent) and Epilectos (33.33 percent), followed by Varveris-Moda Bagno (22.97 percent) and Promota Hellas (22.22 percent). Top losers were Microland Computers (down 25.93 percent), Interfish (25.86 percent) and Alisida’s preferred stock (22 percent). OPAP was the most heavily traded stock, with an average turnover of 35.84 million euros per session, followed by National Bank (22.88 million), Alpha Bank (17.48 million), OTE (16.90 million) and Agricultural Bank (12.44 million).

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