ECONOMY

Blue chips take a hit

The Athens Stock Exchange (ASE) general index closed last Friday at 3,484.13 points, a decline of 25.07 points or 0.71 percent on the previous week’s close. Turnover dropped to 1.06 billion euros, an average of 212.29 million euros per session, from 251.54 million the previous week. Among the Financial Times indices, the FTSE/ASE-20 index of blue chips declined 1.22 percent to close at 1,945.61 points, while the FTSE/ASE Mid-40 went up 0.54 percent to close at 3,009.89 points and the FTSE/ASE Small-Cap 80 gained 0.20 percent. The composite FTSE/ASE-140 index declined 0.94 percent to close at 4,105.15 points. Eleven of the 18 sectoral indices ended with losses last week. The top losers were IT solutions and equipment (2.06 percent), banks (1.84 percent), construction (1.33 percent) and publishing and printing (1.19 percent). The top gainers were insurance (7.72 percent), basic metals (2.87 percent) and wholesale commerce (2.72 percent). Among individual titles, the top gainers were Microland Computers (29.57 percent), Maxim Pertsinidis (29.17 percent), Interfish (11.67 percent) and Eurodynamics (9.82 percent). The top losers were Alsinco (30.65 percent), PC Systems (25 percent), Hitech (15.94 percent) and Promota Hellas (15.09 percent). PPC topped the list of the most heavily traded shares, with an average turnover of 25.02 million euros per session. It was trailed by National Bank (22.14 million), OTE (17.56 million), OPAP (15.18 million) and Alpha Bank (12.79 million).