ECONOMY

Blue chips help market end session slightly up

Stocks marginally gained ground yesterday on the Athens Stock Exchange (ASE), despite the fact that most sectoral indices suffered drops. The ASE composite share price index closed at 3,583.73 points, a gain of 5.18 points or 0.14 percent. On a weekly basis it gained 0.43 percent, limiting this year’s losses to 2.19 percent. The FTSE/ASE 20 index of blue chips gained 0.40 percent to close at 1,952.95 points, while mid- and small-caps declined 0.55 percent and 1.18 percent respectively. The FTSE/Athex International index gained 0.19 percent, to 5,071.73 points. Among blue chips, significant gains were made by bottler Coca-Cola HBC (up 3.50 percent to 23.08 euros), refiner Motor Oil (2.53 percent to 19.48 euros), mobile telecommunications service provider Cosmote (2.35 percent to 17.40 euros) and National Bank (2.14 percent to 28.60 euros). The top losers were Duty Free Shops (down 3.23 percent to 11.98 euros), technology holding company Intracom (3.15 percent to 4.92 euros), EFG Eurobank (1.92 percent to 21.46 euros) and ATEbank (1.55 percent to 3.82 euros). Out of 308 traded shares, 85 gained, 163 declined and 60 ended unchanged. Turnover reached 313.32 million euros, including 87.42 million in prearranged trades.