ECONOMY

Bourse tops 4,100 pts

The Athens Stock Exchange (ASE) composite share price index closed last Friday at 4,148.58 points, a gain of 99.86 points or 2.47 percent on the previous week’s close. Once again, medium-capitilization and small-capitalization stocks outperformed. Turnover declined slightly to 1.85 billion euros, an average of 370.43 million euros per session, from 393.01 million the previous week. All major indices gained ground: The FTSE/Athex 20 index of blue chips gained 2.80 percent to close at 2,267.86 points, the FTSE/Athex Mid 40 rose 3.29 percent to 4,211.79 points and the FTSE/Athex Small-Cap 80 gained 9.69 percent. The composite FTSE/Athex 140 index gained 3.12 percent to close at 4,951.39 points, while the FTSE/Athex International index gained 2.92 percent to close at 5,727.81 points. Fourteen of the 17 sectoral indices ended with gains. The exceptions were oil and gas (down 2.73 percent), telecommunications (1.28 percent) and utilities (0.40 percent). Top gainers were insurance (up 15.77 percent), media (13.39 percent), financial services (9.72 percent) and health (9.03 percent). Among individual titles, the top gainers were Sheet Steel (up 72 percent), Naoussa Spinning Mills (63.16 percent) and Etma (61.22 percent). Top losers were the preferred shares of Emborikos Desmos (down 26.67 percent) and Leventeris (10 percent) and Rainbow’s common stock (9.75 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 26.62 million euros per session. It was trailed by Alpha Bank (22.50 million), OTE (21.49 million), OPAP (20.76 million) and EFG Eurobank (19.18 million).