ECONOMY

Big gains in market

The Athens Stock Exchange (ASE) general index closed last Friday at 3,415.08 points, a gain of 145.58 points or 4.45 percent on the previous week’s close. Turnover rose to 1.11 billion euros, an average of 222.43 million euros per session, from 167.08 million the previous week. All Financial Times indices gained ground. The biggest gains were made by the FTSE/ASE-20 index of blue chips, which rose 4.35 percent to close at 1,893.77 points. The FTSE/ASE Mid-40 gained 3.53 percent to close at 2,978.95 points and the FTSE/ASE Small-Cap 80 gained 3.82 percent. The composite FTSE/ASE-140 index gained 4.22 percent to close at 4,008.92 points. All 18 sectoral indices ended with gains last week. Top gainers were publishing and printing (8.88 percent), basic metals (8.83 percent), refineries (8.27 percent) and telecommunications (6.16 percent). Among the 345 individual titles traded, 284 gained, 44 declined and 17 ended unchanged. The top gainers were Informatics (64.71 percent), Euroholdings (41.94 percent) and Fitco (41.18 percent). Top losers were Feedus (7.62 percent), Alpha Grisin Infotec (6.51 percent) and Goodys (5.84 percent). OTE topped the list of the most heavily traded shares, with an average turnover of 31.95 million euros per session. It was trailed by OPAP (26.46 million), EFG Eurobank (19.45 million), National Bank (17.92 million), Public Power Corporation (13.11 million), Alpha Bank (11.07 million), CosmOTE (10.58 million) and Titan (5.28 million).