ECONOMY

Blue chips behind rise

The Athens Stock Exchange (ASE) general index closed last Friday at 3,422.36 points, a gain of 7.28 points or 0.21 percent on the previous week’s close. Turnover declined to 934.83 billion euros, an average of 186.97 million euros per session, from 222.43 million the previous week. Financial Times indices were split: The FTSE/ASE-20 index of blue chips rose 0.96 percent to close at 1,911.89 points, while the FTSE/ASE Mid-40 declined 1.04 percent to close at 2,948.04 points and the FTSE/ASE Small-Cap 80 declined 1.24 percent. The composite FTSE/ASE-140 index gained 0.60 percent to close at 4,032.92 points. Twelve of the 18 sectoral indices ended with losses last week. Top gainers were investments (2.52 percent), banks (1.81 percent) and textiles (0.70 percent). Top losers were refineries (5.85 percent), real estate (2.43 percent) and construction (2.13 percent). Among the 342 individual titles traded, 104 gained, 201 declined and 37 ended unchanged. The top gainers were Vis’s common and preferred stock (21.10 percent and 20.16 percent, respectively), Tria Alfa (15.54 percent) and Olympic Catering (13.64 percent). Top losers were Pouliadis (28.57 percent), Sheet Steel (19.23 percent) and Elfico (16.50 percent). OTE topped the list of the most heavily traded shares, with an average turnover of 24.08 million euros per session. It was trailed by EFG Eurobank (21.22 million), OPAP (12.63 million), National Bank (11.80 million) and Alpha Bank (10.57 million).

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