ECONOMY

Mid-caps lead the way in fourth straight rise

Stocks gained yesterday on the Athens Stock Exchange (ASE) for the fourth session in a row, despite investors cashing in profits on some bank stocks, in a session marked by significantly lower turnover than the previous one. The ASE composite share price index closed at 4,174.53 points, a gain of 26.09 points or 0.63 percent. The FTSE/Athex 20 index of blue chips gained 0.27 percent to close at 2,295.84 points, while mid-caps and small-caps gained 3.02 percent and 3.55 percent respectively. The FTSE/Athex International index gained 0.83 percent, closing at 5,842.96 points. Among mid-caps, big gains were posted by Egnatia and Attica banks, construction firms Terna and Hellenic Technodomiki, Lambrakis Press and Mytilineos metals group. The biggest blue chip gainers were Alpha Bank (up 2.05 percent to 30.90 euros), technology holding company Intracom (1.79 percent to 5.72 euros), ATEbank (1.05 percent to 5.80 euros), cement maker Titan (1.03 percent to 39.40 euros), metals group Viohalco (0.93 percent to 8.64 euros) and refiner Hellenic Petroleum (0.84 percent to 11.98 euros). Of 323 traded shares, 217 gained, 60 declined and 46 ended unchanged. Turnover reached 273.06 million euros, including 10.94 million in prearranged trades.