ECONOMY

Index hardly budges during stagnant trade

Greek stocks edged higher on thin trade yesterday, with investors’ subdued mood reflected in low volatility. The Athens Stock Exchange (ASE) benchmark index was up 0.05 percent at 3,665.25 points. The blue chip FTSE/ASE 20 index added 0.15 percent, the FTSE/ASE Mid-40 was down 0.27 percent and the FTSE/ASE Small-Cap 80 rose 0.66 percent. Most sectoral indices headed north, led by health, which advanced 2.67 percent. Banks were up 0.48 percent. On the whole, the picture was slightly better as regards interest in mid- and small-caps compared to Tuesday, even though it was not accompanied by a relative rise in turnover. Alpha Bank outperformed among blue chips, surging 4.73 percent. Intracom advanced 2.95 percent, while Viohalco and OTE added 0.87 percent and 0.45 percent respectively. Folli Follie, Motor Oil, Duty Free Shops, Germanos and ATEbank stayed put, while the heaviest blue chip losers were Hellenic Technodomiki, OPAP (-1.89 percent), Emporiki (-1.77 percent), Coca-Cola HBC (-1.64 percent) and Public Power Corporation (-1.40 percent). Turnover totaled 166.66 million euros, of which 79.9 million was accounted for by the four most marketable securities: banks National and Alpha, OTE and OPAP.