ECONOMY

Index unchanged on low interest, turnover

With Wall Street on holiday and investors anticipating a European Central Bank decision on interest rates, the Greek stock market was marked by lack of interest. This was also shown in a further fall in turnover to 150.46 million euros, second-lowest this year. The Athens Stock Exchange (ASE) general index closed virtually unchanged from Monday’s session, at 3,693.18 points. The blue chip FTSE/ASE 20 index was up 0.36 percent, the FTSE/ASE Mid-40 edged up 0.07 percent and the FTSE/ASE Small-Cap 80 shed 0.46 percent. Most sectoral indices headed south, with food and beverages, travel and leisure, industrial products and technology recording the largest losses. Construction, banks, chemicals and commerce rose. Titan cement outperformed other blue chips by climbing 4.84 percent, Duty Free Shops surged 3.64 percent, Eurobank advanced 2.93 percent, Folli Follie gained 1.56 percent and Alpha Bank was up 1.46 percent. In contrast, Coca-Cola HBC slid 2.08 percent, Cosmote shed 1.64 percent, and OPAP and Viohalco were down 1.48 percent. ATEbank, Germanos, Hyatt, Intracom and OTE were unchanged. National Bank again topped the daily turnover chart, totaling 24.47 million euros; its share price edged lower.