Market down, turnover low

The Athens Stock Exchange composite share price index closed last Friday at 3,615.76 points, a drop of 77.99 points or 2.11 percent on the previous week’s close. Turnover fell sharply to 978.67 million euros, an average of 195.73 million euros per session, from 297.95 million the previous week. All major indices lost ground: The FTSE/Athex 20 index of blue chips dropped 2.63 percent to close at 1,965.16 points, the FTSE/Athex Mid-40 2.26 percent to close at 3,989.22 points, the FTSE/Athex Small-Cap 80 1.16 percent to close at 712.82 points, the composite FTSE/Athex 140 index 2.48 percent to close at 4,350.59 points and the FTSE/Athex International index 2.52 percent to close at 5,103 points. Fifteen of the 17 sectoral indices lost ground. The exceptions were foods and beverages (up 3.61 percent) and construction and materials (0.30 percent). The top losers were media (4.46 percent), insurance (3.97 percent), travel and leisure (3.77 percent) and banks (3.56 percent). Among individual titles, the top gainers were Hellenic Fish Farms (40.63 percent), Viosol’s preferred shares (33.33 percent) and Viokarpet (26.43 percent). Top losers were Perseus (23.24 percent), Elviemek (19.91 percent) and Vis’s preferred shares (19.76 percent). National Bank topped the list of the most heavily traded shares, with an average turnover of 39.14 million euros per session. It was trailed by OPAP (20.34 million), Piraeus Bank (12.65 million), OTE (12.34 million) and Alpha Bank (11.28 million).