ECONOMY

Slight gains, thin trade

The Athens Stock Exchange (ASE) general index closed last Friday at 3,512.82 points, a gain of 13.05 points or 0.37 percent on the previous week’s close. Turnover dropped to 941.8 million euros, an average of 188.36 million euros per session, from 242.1 million the previous week. Among the Financial Times indices, the FTSE/ASE-20 index of blue chips gained 0.09 percent to close at 1,947.46 points, the FTSE/ASE Mid-40 went up 0.96 percent to close at 3,075.74 points and the FTSE/ASE Small-Cap 80 declined 1.27 percent. The composite FTSE/ASE-140 index gained 0.21 percent to close at 4,118.20 points. Thirteen of the 18 sectoral indices ended with gains last week. The exceptions were insurance (down 2.06 percent), publishing and printing (1.73 percent), telecommunications (1.64 percent), banks (1.21 percent) and wholesale commerce (0.60 percent). Top gainers were basic metals (up 5.38 percent), non-metallic minerals and cement (4.68 percent) and textiles (3.83 percent). Among individual titles, the top gainers were Maritime of Lesvos (50 percent), Olympic Catering (27.53 percent), Rokas’s preferred stock (22.02 percent) and Halcor (20.48 percent). Top losers were Promota Hellas (17.07 percent), Plias (16 percent), Naoussa Spinning Mills (15.79 percent) and Technical Publications (14.42 percent). OPAP topped the list of the most heavily traded shares, with an average turnover of 28.5 million euros per session. It was trailed by National Bank (21.49 million), OTE (15.06 million), Alpha Bank (9.79 million) and EFG Eurobank (7.66 million).