ECONOMY

Bourse rises, trade drops

The Athens Stock Exchange (ASE) composite share price index closed last Friday at 4,148.44 points, a gain of 133.92 points or 3.34 percent on the previous week’s close. Turnover dropped to 1.63 billion euros, an average of 325.54 million euros per session, from 496.56 million the previous week. All major indices gained ground: The FTSE/Athex 20 index of blue chips gained 2.96 percent to close at 2,289.59 points, the FTSE/Athex Mid 40 gained 4.48 percent to close at 4,194.11 points and the FTSE/Athex Small Cap 80 gained 1.41 percent. The composite FTSE/Athex 140 index gained 3.12 percent to close at 4,964.01 points, while the FTSE/Athex International index gained 3.07 percent to close at 5,794.82 points. Fourteen of the 17 sectoral indices ended with gains. The three exceptions were travel and leisure (0.63 percent), technology (0.43 percent) and media (0.10 percent). Top gainers were financial services (8.70 percent), insurance (8.14 percent) and oil and gas (7.26 percent). Among individual titles, the top gainers were ANEK’s preferred (90) shares (up 37.50 percent), and the common shares of Elve (21.48 percent) and Ballis Chemicals (18.35 percent). Top losers were Emborikos Desmos (down 21.88 percent), Euclides (20 percent) and Etma’s preferred shares (16.67 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 40.26 million euros per session. It was trailed by Piraeus Bank (23 million), OPAP (21.58 million), Hellenic Petroleum (19.99 million) and OTE (18.48 million).